Ripple Price Analysis: XRP/USD Rebounding Positively Above $0.32

Key Highlights Ripple price formed a decent support near $0.3200-0.3210 and recovered a few points against the US dollar. There is a short term declining channel forming with resistance near the $0.3450 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could move a few points higher towards the $0.3500 and $0.3600 levels in the near term.

Ripple price is trading with a few positive signs against the US Dollar and Bitcoin. XRP/USD may perhaps recover higher...

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

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