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XRP Price Analysis: XRP/USD has a chance to shoot back into $0.2000 territory

  • XRP price is trading in positive territory, with gains of some 5.30% on Monday.
  • XRP/USD despite narrowing trading is running at five consecutive sessions in the green.
  • The barrier at $0.1800 continues to cap greater upside moves. 

 

XRP/USD weekly chart

The bulls, despite being very much gradual, are back in control, as the price is running towards its four straight week in the green. 

XRP/USD daily chart

A breakdown of supply around the $0.1800 mark has restored confidence in the XRP buyers. 


 

Spot rate:                   0.1885

Relative change:       +5.05%

High:                          0.1898

Low:                           0.1794

 

 

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