Ripple's XRP Technical Analysis: XRP/USD explosive breakout is eyed
|- Ripple's XRP price is trading in the green by some 3.00% in the session on Friday.
- XRP/USD price action has been extremely narrowing within a range block formation.
- A near-term bout of upside momentum has been observed, however, capped at $0.2000.
XRP/USD daily chart
Trading conditions are very tight, the range low at $0.1800, the high at $0.2000.
XRP/USD 60-minute chart
Price action is moving within a near-term pennant structure, subject to a breakout north.
Spot rate: 0.1930
Relative change: +3.00%
High: 0.1937
Low: 0.1846
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