XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50?

Ripple’s token price is holding gains above $0.50 against the US Dollar. XRP price could take a hit if it fails to recover above $0.512.Ripple’s token price is attempting a fresh increase above $0.508 and $0.512 against the US dollar.
The price is now trading above $0.500 and the 100 simple moving average (4 hours).
There is a major contracting triangle forming with resistance near $0.505 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair might gain bullish m