Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.3120

Key HighlightsRipple price recovered nicely after trading as low as $0.2700 against the US dollar.
There are two bearish trend lines in place with resistance at $0.3080 and $0.3120 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could correct further higher, but it could face a strong resistance near $0.3120.Ripple price has recovered nicely against the US Dollar and Bitcoin. XRP/USD is now facing key resistances near the $0.3100 and $0.3120 levels.
Ripple Price Recov