Ripple Price Technical Analysis – XRP/USD Bearish Toward $1.1250

Key HighlightsRipple price started a fresh downside wave from $1.3438 and moved below $1.2500 against the US dollar.
There was a break below a key bullish trend line with support at $1.2150 on the hourly chart of the XRP/USD pair (data source from SimpleFx).
The pair is currently heading lower and it may soon retest the $1.1250 support area.Ripple price is currently back in the bearish zone against the US Dollar and Bitcoin. XRP/USD could extend declines towards the $1.1250 and $0.8500 support l