Ripple Price Technical Analysis – XRP/USD Could Test $0.50?

Key HighlightsRipple price is under a lot of pressure as it moved below the $0.7000 support against the US dollar.
This week’s highlighted monster contracting triangle pattern with support near $0.7500 was broken on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently trading above the $0.6000 level, but it remains at a risk of more losses.Ripple price fell sharply against the US Dollar and Bitcoin. XRP/USD could extend declines in the near term as long as