XRP Price Grinds Higher: Is A Break Above $0.60 Imminent?

XRP price extended its increase above the $0.550 resistance zone. The price is showing positive signs and might extend gains above $0.5850 and $0.600.XRP price started another increase above the $0.550 resistance zone.
The price is now trading above $0.550 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support at $0.5620 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could extend gains if there is a close above the $0.