Ripple Price Analysis: XRP/USD Reverses From Key Support at $0.3120

Key HighlightsRipple price found a strong buying interest around $0.3120 and recovered sharply against the US dollar.
There was a break above a key connecting bearish trend line with resistance at $0.3340 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair tested the $0.3550 resistance and is currently consolidating gains above $0.3200 .Ripple price reversed yesterday’s losses and gained traction against the US Dollar and Bitcoin. XRP/USD broke the $0.3350 level to