Ripple Technical  Analysis: XRP/USD ascending trend line supports the feeble price again, as bulls gear up for another attempt at $0.50

• Ripple price remains supported in the near-term by ascending trend line.
• XRP/USD price has failed to hold any decent upside momentum, continuing to falter within the early $0.50 region.

XRP/USD 4-hour chart

Spot rate:                                    0.47752

Relative change:               -0.25%

High:                                                   0.48090

Low:                                                      0.47320

Trend:                                                 Neutral

Support 1:                                  0.47522, ascending trend line.

Support 2:                                    0.47215, 100MA.  

Support 3:                                   0.46426, 7th July low.

Resistance  1:                        0.48045, 50MA.

Resistance 2:                         0.48800, (resistance on 4-hour chart).

Resistance 3:                          0.50700, supply zone.