Ripple Price Analysis: XRP/USD Signaling Upside Extension

Key HighlightsRipple price surged higher recently and broke the $0.3200 resistance level against the US dollar.
There is a major contracting triangle in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could correct a few points, but it remains supported above the $0.3100 level.Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD needs to gain above $0.3350 for a push towards the $0.3500 level.
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