XRP/USD inches closer to a triangle breakout By FX Street

© Reuters.

  • A break above the triangle resistance is likely to stage another recovery move.
  • The short-term technical picture is strongly positive according to technical indicators like the RSI.

opened the session today at $0.3112 and corrected to an intraday high at $0.3163. At press time, has risen in value by 1% to exchange hands at $0.3146. Looking back at the weekend sessions, Ripple spiked to test the hurdle at $0.32 before the trend reversed towards $0.31 support.

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