Ripple Price Analysis: XRP Trading Sideways Below Key Resistance

Ripple price corrected lower and tested the $0.3130 support area against the US dollar.
There was a break above a key declining channel with resistance at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently trading in a range below the key resistance levels at $0.3200 and $0.3220.Ripple price remains supported on dips against the US Dollar and Bitcoin. However, XRP/USD must break the $0.3200 and $0.3220 resistance levels to gain bullish momentum.
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