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  • Ripple’s XRP on Wednesday is trading marginally in the green, gains of some 0.50%.  
  • XRP/USD near-term price action catches some bullish momentum, breaking out from pennant structure.  
  • Daily price action is stuck within a narrowing pennant structure.


Spot rate:                  0.3206

Relative change:       +0.50%

High:                          0.3235      

Low:                           0.3172

XRP/USD 60-minute chart

  • Price action via the 60-minute chart view is smashing out from a bullish pennant structure.  


XRP/USD daily chart

  • A daily pennant structure continues to contain the price action, subject to an imminent breakout.