18-12-2017 07:30 via newsbtc.com

Ripple Price Technical Analysis – XRP/USD Short-term Correction

Key Highlights
Ripple price after surging above $0.8500 against the US Dollar faced sellers and started a downside correction.
This is a bearish trend line forming with resistance at $0.7250 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair correct a few points in the near term towards the $0.6000 support area.
Ripple price is currently correcting lower against the US Dollar and Bitcoin. XRP/USD has to move above $0.7250 to resume its uptrend.
Ripple Price Correction
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