Ripple Price Analysis: XRP/USD Rally Looks Real, Next Target $0.52

Key HighlightsRipple price rallied sharply and broke the $0.4000 and $0.4600 resistances against the US dollar.
There was a break above a key contracting triangle with resistance at $0.3350 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently consolidating gains above the $0.4400 and $0.4200 support levels with positive signs.Ripple price rocketed past many hurdles against the US Dollar and Bitcoin. XRP/USD is in a clear uptrend above the $0.4000 pivot level.