Ripple’s XRP technical analysis: XRP/USD near-term price breakout from bullish pennant

Ripple’s XRP technical analysis: XRP/USD near-term double-top formation

Ripple’s XRP on Wednesday is trading marginally in the green, gains of some 0.50%. XRP/USD near-term price action catches some bullish momentum, breaking out from pennant structure. Daily price action is stuck within a narrowing pennant structure. Spot rate: 0.3206 Relative change: +0.50% High: 0.3235 Low: 0.3172 Price action via the 60-minute chart view is smashing out from a bullish pennant structure.