Ripple (XRP) Is Consolidating In Key Range And It Could Start Rising

Ripple is facing a strong resistance near the $0.1500 region against the US Dollar. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700.Ripple price is trading in a key range above the $0.1400 support level against the US dollar.
There are a few key hurdles forming near the $0.1500 and $0.1550 levels.
There is a major contracting triangle forming with resistance near $0.1485 on the hourly chart of the XRP/USD pair (data source from Kraken).