Ripple Price Technical Analysis – XRP/USD Bearish Pressure Escalates

Key HighlightsRipple price remained in a bearish trend and it traded below the $1.60 support against the US Dollar.
This week’s highlighted major bearish trend line with current resistance at $1.85 is preventing upsides on the hourly chart of the XRP/USD pair (data source from Kraken).
The price remains at a risk of more losses as long as it is below the $1.80 level.Ripple price declined further against the US Dollar and Bitcoin. XRP/USD tested the $1.50 level and it is currently placed in