Ripple Price Technical Analysis – XRP/USD is Facing Significant Resistance

Key HighlightsRipple price is currently correcting higher, but it is facing a significant hurdle near $0.4900 against the US dollar.
There is a crucial bearish trend line forming with resistance around the $0.4900 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair has to move above the trend line resistance and $0.5000 to continue moving higher.Ripple price struggle to recover higher continues against the US Dollar and Bitcoin. XRP/USD may decline once again if it fails