Ripple Price Analysis: XRP/USD Could Gain Momentum Above $0.50

Key Highlights

Ripple price is holding gains above the $0.4700 support level against the US dollar. There is a key bullish trend line formed with support at $0.4800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate gains once there is a break above the $0.5000 and $0.5180 levels.

Ripple price is trading in a bullish zone against the US Dollar and Bitcoin. XRP/USD remains well supported on the downside near the $0.4800 level.

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Key Highlights [+]    Ripple [+]    XRP [+]    USD [+]    Kraken [+]    Dollar and Bitcoin [+]   

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