Ripple’s XRP Technical Analysis: XRP/USD price behavior promising, as bulls line up another potential stampede higher

• Ripple’s XRP price trading in the green on Tuesday, modest gains of 0.70% seen into the session.
• XRP/USD enjoyed a charge to the upside on Monday, before cooling marginally, ahead next committed move.    
• Price action during current easing or consolidation, has formed a bullish pennant pattern.  

XRP/USD 60-minute chart  

Spot rate:                   0.5218

Relative change:       +0.71%

High:                          0.5310

Low:                           0.5121

Trend:                        Bullish

Resistance  1:            0.5271, upper trend line of pennant.  

Resistance  2:            0.5400, resistance on 60-minute.  

Resistance  3:            0.5466, daily pivot point resistance.  

Support 1:                 0.5201, lower trend line of pennant.  

Support  2:                 0.5132, 50MA.

Support  3:                 0.5050, daily pivot point support.