Ripple Price Analysis: XRP/USD Facing Uphill Task Near 100 SMA

Key HighlightsRipple price recovered nicely and moved above the $0.4500 and $0.4600 resistances against the US dollar.
Yesterday’s highlighted key bearish trend line with resistance at $0.4660 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair will most likely face a strong selling interest near the $0.4860 and $0.4900 resistances.Ripple price managed to correct higher against the US Dollar and Bitcoin. However, XRP/USD is likely to struggle near $0.49