Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

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Key HighlightsRipple price recovered nicely and moved above the $0.2750 resistance area against the US dollar.This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken).The pair may perhaps break the $0.2900-0.3000 resistance area for more gains in the near term.Ripple price corrected higher against the US Dollar and Bitcoin. XRP/USD is currently attempting an upside break above the $0.2900-0.3000 resistance zone.Ripple Price ResistanceThere was a decent support base formed near the $0.2465 level in Ripple price against the US Dollar. The XRP/USD pair started an upside correction and moved above the $0.2750 and $0.2800 resistance levels. Buyers even managed to push the price above the $0.2810 resistance. Moreover, there was a break above the 50% Fib retracement level of the last major drop from the $0.3151 high to $0.2467 low.However, the price is