Ripple Price Analysis: XRP/USD Remains in Uptrend above $0.32

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Key HighlightsRipple price gained momentum recently and settled above the $0.3000 and $0.3200 resistances against the US dollar.There is a new important connecting bullish trend line in place with support at $0.3310 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair remains well supported on the downside above $0.3200 and is placed in an uptrend.Ripple price is placed in a positive zone against the US Dollar and Bitcoin. XRP/USD could continue to gain traction above the $0.3400 and $0.3500 levels.Ripple Price SupportThis past week, there was a nice upside move in Ripple price above the $0.2800 resistance level against the US Dollar. The XRP/USD pair gained traction and buyers were successful in pushing the price above the $0.3000 and $0.3200 resistance levels. The price also climbed above the $0.3500 resistance level and traded close to the $0.3800 level. A high was formed at $0.3765 and later

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