Ripple Price Technical Analysis – XRP/USD Consolidating above $0.6800

Key Highlights
Ripple price is trading in a range above the $0.6800 support area against the US Dollar.
This is a short-term bearish trend line forming with resistance at $0.7400 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might move higher in the near term, but it could face sellers near $0.7400 and the 100 hourly simple moving average.
Ripple price is consolidating against the US Dollar and Bitcoin. XRP/USD has to move above $0.7500 to gain traction in the near