XRP Bulls Target New Gains: Will They Achieve a Breakout?

XRP price dropped toward the $0.5550 level before the bulls appeared. The price is now consolidating and might aim for a fresh increase above $0.580. XRP price started a consolidation phase after a drop toward the $0.5550 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5720 on the hourly chart... source: https://www.newsbtc.com/analysis/xrp/xrp-bulls-gains-0-580/