Ken Chigbo
Independent Analyst
- Ripple's XRP price on Wednesday holding gains of 2% as the bulls extend north.
- XRP/USD bulls are eyeing the next major barrier which is seen up at $0.4000 territory.
- Bulls managed to breakdown the chunky barrier of $0.3500-0.3600 range.
Spot rate: 0.3609
Relative change: +2.25%
High: 0.3734
Low: 0.3428
XRP/USD 60-minute chart
- Bulls have smashed down much of the barrier running from $0.3500-0.3600 that has been capping upside. Eyes on a retest of the current session high.
XRP/USD daily chart
- Next major zone of resistance for the bulls to tackle is seen up at $0.4000 territory.
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