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XRP Price Analysis: XRP/USD claiming back the big $0.2000

  • XRP price is trading in positive territory, with gains of some 1.70% on Wednesday.
  • XRP/USD is on a promising looking run, as bulls eye further recovery. 
  • The next major target to tackle will be the $0.2000, a breakout and closure above is key.

 

XRP/USD daily chart

A game-changing breakout and above the $0.1800 has allowed for more control from the bulls. 

XRP/USD 60-minute chart

The price has extended to the north most recently out of a bull flag, inviting buyer momentum. 


 

Spot rate:                   0.1885

Relative change:       +1.70%

High:                          0.2052

Low:                           0.1954

 

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