Pullback In Ripple (XRP) Remains Attractive To Bulls In Short Term

Ripple gained traction above $0.1550 and tested the $0.1640 resistance region against the US Dollar. XRP price is currently correcting lower, but dips remain attractive in the short term.Ripple price is currently correcting gains from the $0.1645 swing high against the US dollar.
The bulls are in control and they are likely to protect the $0.1580 support area.
There is a key connecting bullish trend line forming with support near $0.1580 on the hourly chart of the XRP/USD pair (data source from