Ripple Price Analysis: XRP/USD Rallies Above $0.4200

Key HighlightsRipple price rallied recently and broke the $0.4200-0.4300 resistance against the US dollar.
There was a break above two key bearish trend lines with resistance near $0.4200 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair cleared the all-important $0.4200 resistance and the 100 hourly simple moving average.Ripple price is rallying sharply against the US Dollar and Bitcoin. XRP/USD may continue to move higher as long as it is above $0.4200 and $0.4300.
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