Ripple Price Analysis: XRP/USD Could Gain Momentum Above $0.50
Key HighlightsRipple price is holding gains above the $0.4700 support level against the US dollar.
There is a key bullish trend line formed with support at $0.4800 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is likely to accelerate gains once there is a break above the $0.5000 and $0.5180 levels.Ripple price is trading in a bullish zone against the US Dollar and Bitcoin. XRP/USD remains well supported on the downside near the $0.4800 level.
Ripple Price Analysis
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