Ripple (XRP) Price Analysis: Recovery Likely To Remain Capped

Ripple (XRP) Price Analysis: Recovery Likely To Remain Capped

  • Ripple price extended its decline below the $0.4000 support area against the US dollar.
  • The price even broke the $0.3800 support area and traded close to the $0.3660 level.
  • There is a major bearish trend line forming with resistance near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is…
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