- Ripple’s XRP price on Thursday is trading in positive territory by 2%
- XRP/USD is attempting to breakdown supply running from $0.2800-0.3000.
- Should the price hold momentum to the upside, eyes will be on a retest of the breached bearish pennant.
Spot rate: 0.2717
Relative change: +1.95%
High: 0.2744
Low: 0.2604
XRP/USD daily chart
- Bulls have tried to break down supply heading into the $0.3000 mark, running from $0.2800-0.3000.
XRP/USD 60-minute chart
- Price action has broken out to the upside from a descending channel formation via the 60-minute.