Ripple Price Technical Analysis – XRP/USD Struggles to Break $0.2050

Key Highlights
Ripple price is struggling to move above the $0.2050 resistance against the US Dollar.
There is a new bearish trend line forming with current resistance at $0.2040 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price might continue to trade in a range with support at $0.1975 and resistance at $0.2040.
Ripple price is trading in a tiny range against the US Dollar and Bitcoin. XRP/USD has to settle above the $0.2050 level to break barriers in the near term.
R