Typical Ripple (XRP) Price Action, Dips Remain Attractive To Bulls

Ripple extended its rally and traded towards the $0.2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200.Ripple price is trimming gains and it even dived to test the $0.2080 support against the US dollar.
Bitcoin remained in a positive trend and it surged above the key $8,000 resistance.
There is a major contracting triangle forming with support near $0.2090 on the hourly chart of the XRP/USD pair (data source from Kraken).
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