Ripple's XRP technical analysis: XRP/USD lost ground at monthly high
|- Ripple's XRP price in the second part of Friday is trading with decent gains of just some 2.5%.
- XRP/USD was dealt a blow in the session on Thursday, giving back its advances, after retesting the month highs for May.
- The noted barrier appears to be the last major area of resistance ahead of $0.50 return.
Spot rate: 0.4267
Relative change: +2.55%
High: 0.4311
Low: 0.4069
XRP/USD 60-minute chart
- Price action via the 60-minute chart view is breaking out of a near-term range, after consolidating.
XRP/USD daily chart
- Price action via the daily is retesting a breached pennant pattern formation, if the support holds, eyes may be on further upside.
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