Ripple Price Analysis: XRP/USD At Risk Of More Declines

Key HighlightsRipple price failed to recover above the $0.3600 resistance level and declined against the US dollar.
There is a major bearish trend line formed with resistance at $0.3550 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently at a risk of a downside break below the $0.3400 and $0.3300 support levels.Ripple price remains in a bearish zone against the US Dollar and Bitcoin. XRP/USD could accelerate declines if sellers push the price below $0.3400.
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