XRP Price Analysis: XRP/USD once $0.3000 is achieved the price could fly

FX Street

Updated: 7 Feb. 2020 | 14:47

Ripple’s XRP price is trading in negative territory, with losses of some 1.10% on Friday.
XRP/USD has been pushing aggressively higher for seven consecutive sessions.
The psychological $0.3000 mark is very much within reaching distance.

XRP/USD weekly chart

The bulls are heading for another week in the green, which would mark two consecutive weeks.

XRP/USD daily chart

There will be a challenge for the bulls to break down strong supply within the region of $0.3000-0.3200.

Spot rate: 0.2791

Relative change: -1.30%

High: 0.2875

Low: 0.2772

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