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  • XRP price is trading in positive territory, with gains of some 1.30% on Friday.
  • XRP/USD despite narrowing trading is running at five consecutive sessions in the green.
  • The barrier at $0.1800 continues to cap greater upside moves. 

 

XRP/USD daily chart

The price briefly jumped above the $0.1800, which has proven to be a chunky barrier for the bulls since 13 March. A daily breakout and closure above via the daily is critical for further upside pressure.

XRP/USD 60-minute chart

Price action went back into tight trade conditions, however, the bulls forced a breakout of a narrowing triangular structure. 


 

Spot rate:                   0.1820

Relative change:       +2.25%

High:                          0.1827

Low:                           0.1779