Ken Chigbo
Independent Analyst
- Ripple's XRP price on Tuesday is trading in the green, holding gains of 2.00%.
- XRP/USD price action is moving in consolidation mode, sitting just above a breakout pennant structure.
- Upside appears to be very much capped by resistance within the $0.2600 price territory.
Spot rate: 0.2542
Relative change: -0.65%
High: 0.2681
Low: 0.2602
XRP/USD daily chart
- XRP is sitting just above a breached bearish technical pennant, there is a lack of commitment for now.
XRP/USD 60-minute chart
- The price has extended out to the upside from a triangular structure formation.
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