Ripple Price Analysis: XRP/USD’s Downside Thrust and Reversal

Key HighlightsRipple price declined sharply, but the $0.4340 support acted as a solid support against the US dollar.
There is a connecting bearish trend line formed with resistance at $0.4485 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could find sellers near the $0.4485 and $0.4500 levels, but dips remain supported.Ripple price declined recently against the US Dollar and Bitcoin. However, XRP/USD found a strong buying interest near $0.4340 and recovered nicely.
R