Ripple Price Technical Analysis – XRP/USD Decline to Extend

Key HighlightsRipple price remains in a bearish trend below the $2.00 handle against the US Dollar.
There is a declining channel forming with current resistance at $1.90 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently in a declining mode and it could test the $1.70 support area in the near term.Ripple price is struggling to recover against the US Dollar and Bitcoin. XRP/USD has to move above the $2.00 level to overcome the current selling pressure.
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