Ripple Price Technical Analysis – XRP/USD is Approaching Break

Key HighlightsRipple price is holding the $0.8200 support area and is currently approaching a break against the US dollar.
There is a major contracting triangle forming with resistance at $0.8550 on the hourly chart of the XRP/USD pair (data source from SimpleFx).
A break and close above $0.8500 and $0.8600 could open the doors for more gains.Ripple price is slowly stabilizing against the US Dollar and Bitcoin. XRP/USD must break the $0.8600 resistance to gain upside momentum in the near term.
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