XRP Price Consolidates, Gearing Up for Its Next Major Breakout

XRP price extended its decline below the $0.520 support. The price is now trading in a range and eyeing an upside break above the $0.5320 resistance.XRP extended losses and declined below the $0.5120 support.
The price is now trading above $0.5250 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $0.5325 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could gain bullish momentum if it clears the $0.5365 resistance z