Ripple Price Analysis: XRP continues to slowly consolidate around $1.10, higher low set?

TL;DR Breakdown Ripple price analysis is bullish for today.XRP/USD continued to consolidate around $1.10 overnight.XRP is likely to test further upside today. Ripple price analysis is bullish today as the $1.10 still holds, and the market consolidated around the support overnight. Therefore, we expect XRP/USD to attempt another move higher later today. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with mixed results today. Bitcoin and Ethereum have lost around 1 percent, while Ripple has seen a slight upside of 2.36 percent. Ripple price movement in the last 24 hours: Ripple still holds above $1.10 support XRP/USD traded in a range of $1.07 –  $1.19, indicating a good amount of volatility. Trading volume has decreased by 12 percent and totals $6.6 billion, while the total market capitalization trades around $52.62 billion, ranking the coin in 6th place overall. XRP/USD 4-hour chart: XRP prepares to move higher? On the 4-hour chart, we can see the Ripple price still holding above the $1.10 support, which should lead towards another attempt to move higher today. XRP/USD 4-hour chart. Source: TradingView Ripple price action has seen a substantial advance over the past month. After establishing a swing low around the $0.52 mark, XRP/USD started to rally and has since increased by 160 percent to the $1.35 high. However, any further upside was rejected earlier this week, sending the Ripple...