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Ripple's XRP technical analysis: XRP/USD at make or break $0.3000

  • Ripple's XRP price is trading with the green by some 0.65% in the session on Tuesday. 
  • XRP/USD is moving within consolidation mode, subject to the next committed move. 
  • The bulls continue to flirt with the big $0.3000 mark, yet to conquer. 
Ripple's XRP technical analysis: XRP/USD at make or break $0.3000
Ken ChigboKen ChigboIndependent Analyst

XRP/USD weekly chart

The bulls are running towards their sixth potential week in the green. 

XRP/USD daily chart

Price action is moving to the upside within an ascending channel via the daily chart.

Spot rate:                 0.3008

Relative change:      -0.20%

High:                         0.3027

Low:                          0.2974

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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