Ripple Price Analysis: XRP/USD Recovery Above $0.30 On the Cards

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Key HighlightsRipple price is moving higher and it has settled above the $0.2800 and $0.2900 resistances against the US dollar.Yesterday’s highlighted key bearish trend line is almost breached near $0.3020 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to gain momentum above the $0.3020 and $0.3080 levels in the near term.Ripple price is gaining bullish momentum against the US Dollar and Bitcoin. XRP/USD could continue to move higher once it settles above $0.3020.Ripple Price TrendDuring the past two sessions, there were positive moves in Ripple price above the $0.2700 level against the US Dollar. The XRP/USD pair traded higher and broke the $0.2800 and $0.2900 resistance levels. It even settled above $0.2900 and the 100 hourly simple moving average. Moreover, there was a break above the 38.2% Fib retracement level of the last decline from the $0.3575 high to $0.2466 low.The current price