22-01-2018 07:30 via newsbtc.com

Ripple Price Technical Analysis – XRP/USD Struggling to Gain Momentum

Key HighlightsRipple price traded toward the $1.7500 level before facing selling pressure against the US dollar.
There is a key bearish trend line forming with resistance at $1.5000 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may continue to correct lower in the short term toward the $1.3000 and $1.2500 support levels.Ripple price is slowly moving down against the US Dollar and Bitcoin. XRP/USD has to break the $1.5000 resistance to gain upside momentum toward $1.
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