Ripple Price Technical Analysis – XRP/USD Upside Surge and Correction

Key Highlights
Ripple price surged above the $1.00 level and traded as high as $1.24 against the US Dollar.
There are two bullish trend lines forming with support at $0.9500 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently correcting sharply lower and may soon test the $0.9500 and $0.9000 supports.
Ripple price after an upside surge above $1.20 against the US Dollar faced sellers, also versus Bitcoin. XRP/USD is moving down toward the $0.9000 support.
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