Ripple Price Analysis: XRP/USD At Major Crossroads Above $0.4600

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Ripple Price Analysis: XRP/USD At Major Crossroads Above $0.4600

Key Highlights

  • Ripple price is consolidating above the $0.4600 support level against the US dollar.
  • There is an ascending triangle pattern formed with resistance at $0.4740 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair needs to clear the triangle resistance at $0.4740-50 for a bullish break towards $0.5000.

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