Ripple Price Technical Analysis – XRP/USD Collapsed Below $0.8000

Key HighlightsRipple price declined sharply and even broke the $0.8200 and $0.8000 support levels against the US dollar.
Yesterday’s highlighted crucial bearish trend line with current resistance at $0.0.8000 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is likely to decline further and it may even break the $0.7650 support in the near term.Ripple price declined heavily against the US Dollar and Bitcoin. XRP/USD is currently trading below $0.8000 and