Ripple Price Weekly Analysis: XRP Likely Preparing For Next Upside Break

Ripple price tested the $0.3400 resistance area on a few occasions against the US dollar.
The price failed to break the $0.3380-0.3400 resistance and declined below $0.3200.
There is a crucial contracting triangle formed with resistance at $0.3140 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
The pair could dip to test the $0.3050 support area before it could break to the upside above $0.3150.Ripple price seems to be preparing for the next bullish break against the US Doll