Ripple is trading 6.28% higher and has just broken the 0.3000 level. The price is still in a channel formation and looks set to test the top. XRP/USD is one of the outperformers in the cryptocurrency markets today trading 6.28% higher on the session. The price structure interestingly stayed in an uptrend while lots of the crypto majors fell to lows in yesterday’s session. Today we see why as the trend of higher lows and higher highs continue. There was a really strong thrust higher which momentarily stopped at 0.3000 and subsequently price broke through on the next four-hour candle on the chart below. Now the price is above the mean value are of the current distribution and could continue to the next resistance at 0.3270. Which is the wave high from September 18th. On the daily chart, we are still in a downtrend and only if the wave high of 0.3270 is broken we can consider it a technical break in trend. Also of note, on the relative strength index (RSI) indicator, the waves may make a lower high despite price making a higher high this is often an indication of bullish momentum running out of steam. We will have to wait and see if that is the case. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD rebounds back to the 1.2850 area as attention turns to UK Parliament FX Street 4 years Ripple is trading 6.28% higher and has just broken the 0.3000 level. The price is still in a channel formation and looks set to test the top. XRP/USD is one of the outperformers in the cryptocurrency markets today trading 6.28% higher on the session. The price structure interestingly stayed in an uptrend while lots of the crypto majors fell to lows in yesterday's session. Today we see why as the trend of higher lows and higher highs continue. There was a really strong thrust higher which momentarily stopped at 0.3000 and subsequently price broke through on the next four-hour… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.