Ripple Price Technical Analysis – XRP/USD Consolidating above $0.6200

Key HighlightsRipple price corrected lower recently from the $0.7000 swing high against the US dollar.
There is a contracting triangle forming with current support at $0.6400 on the hourly chart (data source from Kraken).
The pair may consolidate above the $0.6200 pivot level in the short term before it makes the next move.Ripple price is consolidating gains against the US Dollar and Bitcoin. XRP/USD must stay above the $0.6200 support to continue moving higher.
Ripple Price Range Support
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