XRP Price Analysis: XRP/USD bulls on a three-week run higher

XRP price is trading in positive territory, with gains of some 0.35% on Friday.
XRP/USD has been pushing to the north for three consecutive weeks, with no signs of a slowdown.
The next likely area of interest for the bulls will be the $0.3500 price mark.

Ken Chigbo Independent Analyst

XRP/USD weekly chart

The bulls have pushed the price from depressed levels of $0.2200 up to recent highs at $0.3400 over the three weeks run higher period.

XRP/USD daily chart

XRP/USD has been running to the north for four consecutive sessions, following a flag breakout.

Spot rate: 0.3283

Relative change: +0.35%

High: 0.3334

Low: 0.3106

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.

XRP recovers slightly as bearish sentiment dominates crypto market

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