Ripple Price Technical Analysis – XRP/USD Approaching Breakout

Key Highlights
Ripple price is trading in a contracting range with support near $0.2440 against the US Dollar.
Yesterday’s highlighted short-term contracting triangle with current support near $0.2440 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might soon break the triangle for the next wave either above $0.2550 or below 0.2450.
Ripple price is moving in a range against the US Dollar and Bitcoin. XRP/USD is approaching a major break with support ne