Ripple Price Technical Analysis – XRP/USD Could Rally Towards $0.9100

Key HighlightsRipple price is slowly moving higher and is currently trading above $0.8400 against the US dollar.There is a key connecting bullish trend line forming with support at $0.8650 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently facing resistance at $0.8750, which is a major pivot level for more gains.Ripple price is preparing for more upsides against the US Dollar and Bitcoin. XRP/USD should clear $0.8750 for a push above the $0.9000 level in the near term.Ripple Price SupportThere was a nice recovery from the $0.7800 swing low in Ripple price against the US Dollar. The price traded higher and broke the $0.8000 and $0.8400 resistance levels. The current move is encouraging since the price surpassed the $0.8500 resistance and the 100 hourly simple moving average. There was also a break above the 61.8% Fib retracement level of the last downside move from…

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