Ripple Price Analysis: XRP Could Accelerate Losses Below $0.3000

Ripple price declined recently and broke the $0.3100 and $0.3070 supports against the US dollar.
There is a major bearish trend line in place with resistance at $0.3030 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair remains at a risk of more losses below the $0.3000 support area in the near term.Ripple price tumbled and broke key supports against the US Dollar and Bitcoin. XRP/USD could accelerate losses towards the $0.2920 support in the coming sessions.
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