Ripple Price Analysis: XRP/USD’s Downside Break

Key HighlightsRipple price declined recently after buyers failed to push it above $0.7100 against the US dollar.
Yesterday’s highlighted crucial ascending channel with support at $0.6860 was broken on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is now trading below the $0.6800 support level and the 100 hourly simple moving average.Ripple price made a bearish turn against the US Dollar and Bitcoin. XRP/USD may correct lower towards the $0.6600 support in the nea