Ripple Price Analysis: XRP Likely Staging For Solid Upward Move

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Ripple price is forming a support base near the $0.2475 level against the US dollar. The price is currently struggling to surpass the key $0.2650 and $0.2660 resistance levels. There was a break above a major bearish trend line with resistance near $0.2615 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The price could start a solid upward move if it manages to break the $0.2650 and $0.2660 resistances. Ripple price is consolidating in broad range below $0.2650 against the US Dollar. XRP price might climb higher sharply if it breaks the $0.2660 resistance zone. Ripple Price Analysis This past week, there was a steady rise in bitcoin, while Ethereum, bitcoin cash, ADA and ripple struggled against the US Dollar. The XRP/USD pair climbed higher above the $0.2600 resistance level. However, it failed to surpass the key $0.2650 and $0.2660 resistance levels. On the downside, the…

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