Ripple Price Analysis: XRP/USD Correcting Higher

Key HighlightsRipple price started an upside correction after trading as low as $0.6603 against the US dollar.
There is an ascending channel forming with current support at $0.6900 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may continue to correct higher if it breaks the $0.7150 resistance level.Ripple price is slowly correcting higher against the US Dollar and Bitcoin. XRP/USD is currently struggling to break $0.7050 and the 100 hourly SMA with a few positive si