Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.55

Key HighlightsRipple price declined further and tested the $0.4350 support area against the US dollar.
This week’s followed crucial bearish trend line is intact with resistance at $0.5480 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair seems to be facing a tough resistance near the $0.5480 and $0.5500 resistance levels.Ripple price bounced back after testing key supports against the US Dollar and Bitcoin. XRP/USD needs to gain momentum above $0.5500 to accelerat