Ripple's XRP technical analysis: XRP/USD must break down heavy supply $0.3200-0.3400 for greater gains
|- Ripple's XRP price in the second half of the session on Monday is holding gains of some 1.90%.
- XRP/USD has further room to push north, after edging out from pennant pattern.
- There is a chunky range of supply running from $0.3200-0.3400 price range.
Spot rate: 0.3249
Relative change: +7.50%
High: 0.3308
Low: 0.3192
XRP/USD 60-minute chart
- Price action via the 60-minute smashed out from a bullish pennant structure, set for a retest.
XRP/USD daily chart
- Bulls looking for further run higher following escape from narrowing bearish pennant set up.
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