XRP Price Hints at Weekly High: Are Bears Ready to Take Over?

XRP price started a downside correction from the $0.6220 zone. The price declined below $0.600 and now consolidating above the $0.580 support.XRP price started a downside correction below the $0.600 zone.
The price is now trading near $0.5950 and the 100-hourly Simple Moving Average.
There is a connecting bearish trend line forming with resistance at $0.600 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to rise if it clears the $0.600 resistance zone.X