Ripple Price Analysis: XRP slowly rallies from $1.10 support, set to breach previous high?

TL;DR Breakdown Ripple price analysis is bullish for today.XRP/USD rallied overnight.XRP set to reach a new higher high. Ripple price analysis is bullish for today as a new higher high was set yesterday, and the market price started to rally from there. Therefore, we expect XRP/USD to see further advance today and try to set another higher high above the $1.35 mark. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the green over the last 24 hours as the market leaders, Bitcoin and Ethereum, are up by 6 and 8 percent, respectively. Ripple (XRP) is among the best performers, with a gain of 10.43 percent.  Ripple price movement in the last 24 hours: Ripple begins to rally from $1.10 support XRP/USD traded in a range of $1.09 – $1.26, indicating strong volatility over the last 24 hours. Trading volume has increased by 4.68 percent and totals $7 billion, while the total market capitalization traded around $57.5 billion, ranking the cryptocurrency in 6th place overall. XRP/USD 4-hour chart: XRP targets $1.35 next? On the 4-hour chart, we can see the Ripple price action rallying overnight as bulls look to break above the $1.35 resistance. XRP/USD 4-hour chart. Source: TradingView Ripple price action has traded with a strong bullish momentum over the past month. After finding support around $0.52 on the 20th of July, XRP/USD started to rally and broke past the previous swing high of $1.10 on...