Ripple Price Analysis: XRP/USD Hesitates, But More Gains Likely

Ripple price is holding the $0.5200 and $0.5050 support levels well very against the US Dollar. XRP/USD may perhaps move past the $0.5640 barrier for more gains.

Key Talking Points

Ripple price is struggling to move above the $0.5600 and $0.5640 resistance levels against the US Dollar. There is a short-term contracting triangle forming with support at $0.5400 on the 2-hours chart of the XRP/USD pair (Data feed via Bitstamp). The pair may soon make the next move either above $0.5600 or below...

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