Ripple Price Analysis: XRP/USD Could Recover Above $0.5200

Key HighlightsRipple price extended slides recently, but it found support near $0.4860 against the US dollar.
There was a break above a key bearish trend line with resistance at $0.5050 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently trading above $0.5000 and it could recover above $0.5200 in the near term.Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD is positioned nicely for more upsides towards the $0.5200 or $0.5280 level