Ripple Price Analysis: XRP/USD Dips Remain Supported Near $0.5550

Key HighlightsRipple price gained traction and traded above the $0.6000 resistance against the US dollar.
There is a key bullish trend line in place with support at $0.5555 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could correct lower, but dips towards $0.5500 and $0.5400 remains supported.Ripple price is trading with a bullish angle against the US Dollar and Bitcoin. XRP/USD is likely to resume upsides above $0.6000 after a short-term downside correction.
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