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  • Ripple’s XRP price on Friday is trading with minor gains of just some 1% in the latter part of the session.
  • XRP/USD big defending still being observed around the $0.3000 area, buyers protecting this region.  
  • The bulls need to force a breakout of the narrowing range, $0.3000-0.3500 region.  

 

Spot rate:                   0.2988

Relative change:       +1.05%

High:                          0.3029

Low:                           0.2916

 

XRP/USD 60-minute chart

  • Price action has edged out from a near-term pennant structure seen via the 60-minute view.  

XRP/USD daily chart

  • The buyers continue to heavily defend the $0.3000 price region, preventing a free-fall.