Ripple Price Technical Analysis – XRP/USD Showing Positive Signs

Key Highlights
Ripple price is recovering and recently moved above the $0.2040 level against the US Dollar.
Yesterday’s highlighted two bearish trend lines with resistance at $0.2040 were broken on the hourly chart of the XRP/USD pair (data source from Kraken).
The price is currently above the 100 hourly simple moving average and $0.2050, which is a positive sign.
Ripple price is gaining pace against the US Dollar and Bitcoin. XRP/USD might continue to move higher toward the $0.2100 and $0