Ripple Price Analysis: XRP/USD Accelerating Above $0.5200

Key HighlightsRipple price rocketed higher and broke the $0.5000 and $0.5200 resistance levels against the US dollar.
There is a major bullish trend line in place with support at $0.4920 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently correcting lower, but it remains supported near $0.5100 and $0.5000.Ripple price broke key resistances against the US Dollar and Bitcoin. XRP/USD is now placed in a bullish trend with supports above $0.5000.
Ripple Price Tre