Ripple Price Analysis: XRP/USD Extending Losses Below $0.4800

Key HighlightsRipple price is under a lot of pressure below the $0.4900 and $0.4950 resistance levels against the US dollar.
This week’s followed crucial bearish trend line is intact with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair remains at a risk of more losses as long as it is below the $0.4900 and $0.5000 levels.Ripple price is slowly moving lower against the US Dollar and Bitcoin. XRP/USD may accelerate declines once it breaks the