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  • Ripple’s XRP price on Monday is trading marginally in the green, up some 0.10%.  
  • XRP/USD bulls have broken out to the upside from a bearish pennant pattern, forcing a daily closure above.  
  • The next major target area will be the pychological $0.3000 territory.  


Spot rate:                  0.2625

Relative change:       +0.05%

High:                          0.2589

Low:                           0.2554


XRP/USD daily chart

  • The bulls have the opportunity to use the breached pennant as a platform to extend further north.  

XRP/USD 60-minute chart

  • XRP/USD bulls are attempting to break down a near-term supply running from $0.2620-0.2670 range.