Ripple Price Analysis: XRP/USD At Risk of Break Below $0.3100

Key HighlightsRipple price was not able to stay above the $0.3500 support zone and declined against the US dollar.
There is a new connecting bearish trend line in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently at risk of a downside break below the $0.3100 support level in the near term.Ripple price is under pressure below key supports against the US Dollar and Bitcoin. XRP/USD could decline sharply if there is a break bel