- Ripple’s XRP on Wednesday is maintaining holding in minor positive territory, up some 0.50%.
- XRP/USD bulls extended to the upside, after touching lower acting trend line of ascending channel formation.
- Big near-term barriers noted at; $0.3250 and then ranging from $0.3400-0.3500.
Spot rate: 0.3187
Relative change: +0.50%
XRP/USD 60-minute chart
- Price action moving within an ascending channel formation, via the 60-minute chart view.
XRP/USD daily chart
- Bulls managed to force a breakout and closure above a troublesome descending wedge pattern.