Ripple Price Analysis: XRP/USD Could Revisit $0.50

Key HighlightsRipple price declined sharply and broke the $0.65 and $0.62 support levels against the US dollar.
There was a break below a major bullish trend line with support at $0.66 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may decline further if it fails to hold the $0.55 support area in the near term.Ripple price crashed and broke many supports against the US Dollar and Bitcoin. XRP/USD could accelerate declines if buyers fail to defend $0.55.
Ripple Price