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  • 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.