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  • Ripple’s XRP price on Tuesday is trading in positive territory, holding gains of  some  1.80%.
  • XRP/USD price action is narrowing within a pennant structure, as seen via the daily view.  
  • Near-term price action escaped out of a narrowing range, allowing room for an upside squeeze.

 

Spot rate:                  0.3157

Relative change:       +0.40%

High:                          0.3198

Low:                           0.3062

 

XRP/USD 60-minute chart

  • Price action broke out from a narrowing range, high of 0.3120 low of 0.3060.  

 

XRP/USD daily chart

  • XRP/USD remains stuck within a daily pennant pattern, subject to a breach.