Ripple Price Analysis: XRP/USD Bullish Above $0.5520

Key HighlightsRipple price is holding the $0.5500 and $0.5520 support levels against the US dollar.
There is a major breakout pattern formed with resistance at $0.5820 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair must hold the $0.5500 and $0.5520 support levels to climb higher in the near term.Ripple price is positioned for more gains against the US Dollar and Bitcoin. XRP/USD may continue to slowly rise towards the $0.5800 and $0.5900 resistances.
Ripple Price Ana