Ripple Bulls Protecting Crucial Support But Can They Gain Momentum?

Ripple price declined recently, but it managed to stay above the $0.3480 support against the US dollar.
The price must stay above the $0.3480 support to avoid a downside break in the near term.
There are a couple of short term bearish trend lines in place with resistance near $0.3595 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a major downside move if it settles below the $0.3480 support level in the near term.Ripple price is currently consolidating a