Ripple Price Analysis: XRP Could Dip and Rip Above $0.3900

Ripple price recently gained bullish momentum above the $0.3650 resistance against the US dollar.There was a break above a key triangle with resistance at $0.3665 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair traded towards the $0.3840 level and it is currently correcting lower.Ripple price is back in a positive zone against the US Dollar and Bitcoin. XRP/USD could dip a few points towards the $0.3700 support before a fresh upward move in the near term.Ripple Price AnalysisYesterday, we discussed a possible upward move above $0.3680 in ripple price against the US Dollar. The XRP/USD pair did gain bullish momentum and traded above the $0.3600 and $0.3650 resistance levels. It also cleared the 76.4% Fib retracement level of the last slide from the $0.3760 high to $0.3580 low. More importantly, there was a proper close above the $0.3680 resistance and the 100 hourly simple moving…

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