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XRP Price Analysis: XRP/USD rockets to fresh three month highs

  • Ripple’s XRP price is trading in positive territory, with gains of some 3.70% on Wednesday.
  • XRP/USD in the prior session smashed through resistance at $0.2500, leaving the door wide open to more upside. 
  • The price is trading around the highest levels seen in over three months.

 

XRP/USD daily chart 

A small barrier of resistance can be observed at $0.2800, ahead of a $0.3000 return. 


 

XRP/USD 60-minute chart

Price action via the 60-minute has continued to extend to the upside, breaking out of multiple bullish technical structures. 

 

Spot rate:                  0.2695

Relative change:       +3.70%

High:                          0.2817

Low:                           0.2666

 

 

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