Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone.
Ripple started a fresh decline from the $0.40 resistance zone against the US dollar.
The price is now trading below $0.380 and the 100 simple moving average (4-hours).
There is a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
The pair could start a strong increase if it clears the $0.388 resistance zone.
Ripple Price Remains Supported
This past week, ripple’s XRP attempted an upside break above the $0.40 resistance against the US Dollar. However, the bears remained active near $0.40 and pushed the price lower.
However, the recent decline was limited when compared to bitcoin and ethereum. The price de ..
Support the originator by clicking the read the rest link below.