Ripple  Technical  Analysis: XRP/USD bulls finally break stubborn descending trend line leaping 5%, however stopped short heading into $0.47

• Ripple managed to breakout to the upside from a  descending  trend line, that had been containing the price since 3rd July.  
• XRP/USD further upside was stopped by touted resistance ahead of $0.4700.  

XRP/USD 60-minute chart

Spot rate:                                     0.46500

Relative change:               +3.85%

High:                                                   0.46969

Low:                                                      0.44286

Trend:                                                 Bullish

Support 1:                                  0.46411, 7th July low.  

Support 2:                                      0.45908, 6th July low & (support on 60-minute chart).

Support 3:                    0.45000, demand zone.

Resistance  1:               0.46969, today’s (Monday) high.  

Resistance 2:               0.48000, (resistance on 60-minute chart).

Resistance 3:               0.48201, 9th July high.