XRP Price Analysis: XRP/USD gunning for big $0.2000 retest
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- XRP price is trading in positive territory, with gains of some 1.00% on Friday.
- XRP/USD upside momentum appears to be back with the bulls, running at four straight days of gains.
- Next major barrier to the upside is eyed at $0.2000, following the recent $0.1900 breach.
XRP/USD daily chart
The bulls are making a solid attempt to break out of a narrowing daily range, as the price is on a run higher.
XRP/USD 60-minute chart
A bullish pennant structure is viewable via the 60-minute chart view, subject to a potential breakout north.
Spot rate: 0.1942
Relative change: +1.00%
High: 0.1971
Low: 0.1926
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