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  • Ripple’s XRP price on Monday is trading up with very minor gains of just over 1% in the second part of the session.  
  • XRP/USD price action via the daily chart view is moving within a narrowing range-block formation.
  • The price slipped back into the mundane trading range of 2019 after bulls failed to maintain upside momentum.  

Spot rate:                   0.3265

Relative change:       +1.30%

High:                          0.3295

Low:                           0.3196

 

XRP/USD 15-minute chart

  • Price action has narrowed greatly, after an initial bout of upside buying pressure earlier in the session.  

XRP/USD 60-minute chart

  • Price did manage to break above a descending trend line, after a sharp push north, before easing.  

XRP/USD daily chart

  • XRP/USD is moving within a narrowing range-block formation, eyes on an imminent breakout.