Ripple Price Analysis: Dips In XRP Remain Well Supported

Key HighlightsRipple price extended gains and traded towards the $0.4000 resistance area against the US dollar.
There is a major bullish trend line in place with support at $0.3450 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair corrected lower recently, but it remained well supported near $0.3400-0.3500.Ripple price is placed nicely in an uptrend against the US Dollar and Bitcoin. XRP/USD recently traded close to $0.4000 before a downside correction to the $0.3400 su