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Ripple's Token Price Rises Towards $0.8065 Resistance Against US Dollar

The price of Ripple's token is currently rising and could gain momentum if it surpasses the $0.8065 resistance level against the US dollar. It is currently trading above $0.75 and the 100 simple moving average (4 hours), with a bullish trend line forming with support near $0.760.

However, if it fails to clear the resistance zone, it could start another decline with initial support near $0.75 and major support near $0.70. Technical indicators show the MACD and RSI in the bullish zone.

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