XRP ANALYSIS Ripple Price Analysis: Bulls Aim Larger Increase Ripple Price Analysis Recently, there was a fresh increase in ripple price above the $1.00 resistance against the US Dollar. The XRP/USD pair broke the key $1.10 resistance zone to move further into a bullish zone. The price even cleared the $1.20 level and it settled above the 55 simple moving average (4-hours). There was a spike above the $1.25 level and the price traded as high as $1.288. It is now consolidating gains above the $1.20 resistance and the 55 simple moving average (4-hours). There was a dip below the 23.6% Fib retracement level of the upward move from the $1.050 swing low to $1.288 high. However, the bulls were active above the $1.180 support zone. There is also a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair. The triangle support is close to the 50% Fib retracement level of the upward move from the $1.050 swing low to $1.288 high. On the upside, an initial resistance is near the $1.25 level. The next major resistance is near the $1.30 level. To start a fresh rally, the price must clear the $1.30 resistance. In the stated case, the price could rise towards the $1.50 level. On the downside, the triangle support near $1.20 holds a lot of importance. The next major support is near the $1.18 level. Any more losses could lead the price towards the 1.08 level. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpledger #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpanalysis #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto #xrp #xrpripple #ripplexrp #ripplenetwork #ripplenet #ripplecoin #ripplenews #rippleupdate https://www.instagram.com/p/CS6wRB8MuJV/?utm_medium=tumblr