Ripple Price Analysis: XRP/USD Sights Downside Break

Key HighlightsRipple price declined from the $0.5600 swing high with bearish moves against the US dollar.
There is a key bearish trend line in place with resistance near $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may perhaps decline further and it could break the $0.5200 support for more losses in the near term.Ripple price is trading with a negative bias against the US Dollar and Bitcoin. XRP/USD could extend declines if there is a break below the $0.520