Ken Chigbo
Independent Analyst
- Ripple's XRP price on Tuesday is trading up in very minor positive territory, small gains of just some 1%.
- XRP/USD bulls are supported near-term by an ascending trend line, see via the daily chart view.
- A breakout appears to be imminent, as the price narrows within a triangular structure.
Spot rate: 0.3271
Relative change: +1.05%
High: 0.3291
Low: 0.3227
XRP/USD 60-minute chart
- Price action via the 60-minute view is moving within a narrowing triangular structure, subject to a breakout for XRP/USD.
XRP/USD daily chart
- Daily price action for XRP/USD is supported to the upside by an ascending trend line formation.
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