Ripple's XRP technical analysis: XRP/USD bulls having another go at $0.3000
- Ripple's XRP price is trading with the green by some 0.65% in the session on Tuesday.
- XRP/USD running towards its second consecutive session in the green.
- Should the bulls break down 0.3000, it would likely open the door to a fresh wave of selling pressure.

XRP/USD daily chart
The bulls are attempting to again break down the psychological $0.3000 price mark.
XRP/USD 60-minute chart
Price action is narrowing within a near-term triangular structure, subject to a potential breakout and continued move north.
Spot rate: 0.3016
Relative change: +0.65%
High: 0.3055
Low: 0.2957
Author

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.




