Ripple Price Analysis: XRP/USD Turned Short-term Bearish

Key HighlightsRipple price failed to move above the $0.7500 resistance area and declined against the US dollar.
There was a break below this week’s ascending channel with support at $0.7200 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair declined below the $0.7000 support and moved back in a bearish zone.Ripple price traded below key supports against the US Dollar and Bitcoin. XRP/USD is now back in a short-term bearish trend below the $0.7000 support.
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