Ripple's XRP Technical Analysis: XRP/USD big gate to heavenly highs

  • Ripple's XRP price on Friday holding big gains of some 9.5% in the second half of the session. 
  • XRP/USD bulls must breakdown the big barrier of $0.3700-0.4000 for greater highs. 
  • A fast return could be seen back to the psychological $0.5000 price territory. 

 

Spot rate:                 0.3611

Relative change:      -9.45%

High:                        0.3803

Low:                         0.3313

XRP/USD 60-minute chart

  • Near-term term supply via the 60-minute tracking from $0.3700-50 price range. 

XRP/USD daily chart

  • Big running barrier via the daily chart view seen from $0.3700 up to $0.4000, major resistance in the way of $0.5000 return. 

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