Ken Chigbo
Independent Analyst
- Ripple's XRP price in the second half of the session on Friday is trading in the green up some 2.70%.
- XRP/USD bulls receive a shot of energy, as the price takes a jump out from the huge demand zone, around the $0.3000 territory.
- There next major barrier is seen around $0.3500 and then further north the $0.4000 region.
Spot rate: 0.3149
Relative change: +2.70%
High: 0.3168
Low: 0.3042
XRP/USD 60-minute chart
- Near-term supply troubling around the $0.3200 area, below sees the comfort of an ascending trend line.
XRP/USD daily chart
- Continues its move south thanks to the big demand zone support, after being under threat towards the back end of April.
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