Ripple's XRP technical analysis: XRP/USD bulls make huge progress breaking above $0.30, further upside eyed
|- Ripple's XRP price on Wednesday is trading in the green, holding gains of 6.80%.
- XRP/USD price action has broken out to the upside from a narrowing range block formation.
- The bulls managed to reclaim to big pychological $0.3000 price mark, for the first time since 13 August.
Spot rate: 0.347
Relative change: +6.80%
High: 0.3127
Low: 0.2856
XRP/USD daily chart
- The price has escaped a narrowing range, which had contained the price since 15 August.
XRP/USD 60-minute chart
- Price action is moving within a bullish pennant, subject to a breakout north.
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