Ripple Price Technical Analysis – XRP/USD Downside Correction

Key Highlights
Ripple price after a decent recovery started a new downside correction toward $0.8000 against the US Dollar.
There is a new connecting bearish trend line forming with resistance at $1.00 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is slowly moving down toward the $0.8000 and $0.7500 support levels.
Ripple price is correcting lower against the US Dollar and Bitcoin. XRP/USD might decline further and test the $0.8000 support level.
Ripple Price Resist