* Ripple(XRP/USD) price surged 10%+ recently.\u2028
* It broke short-term downtrend line(black).\u2028
* $0.32+ tested and now in correcting phase.\u2028
* Possible S/R flip in play.\u2028
#2 Chart Analysis:
If we see the XRP today for hourly (4H) time frame chart, it has broken the short-term downtrend line developed since start of February month.
Ripple today shows that it has also broken the 200H-MA(Moving Average) and is now resting on it.
If we further do XRP analysis then one can observe that it touched the resistance but couldn't close above which is slightly .$0.3158 price level will act as immediate resistance, if broken, then it will be for the asset.
Ripple analysis today on 4-Hour chart shows that Stock-RSI has moved to overbought zone as well as is slowly curving up to the zone.
Further ripple price analysis illustrated that if the present potential S/R flip doesn't occur then next level of support will be around $0.3000-$0.2976 which needs to hold up for sentiments.
Overall, Ripple(XRP/USD) needs to hold certain to sustain momentum otherwise it would be mid term for the asset.