Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel

Key Highlights
Ripple price is slowly moving higher but struggling to gain momentum above $0.2500 against the US Dollar.
This week’s highlighted ascending channel with current support near $0.2380 is active on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently testing the channel support at $0.2380-90 and might bounce back.
Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD has to remain above $0.2350 to gain further in