02-02-2018 07:30 via newsbtc.com

Ripple Price Technical Analysis – XRP/USD to Trade below $0.7500?

Key HighlightsRipple price tumbled sharply and moved below the $1.0000 support against the US dollar.
There is a crucial bearish trend line forming with resistance at $1.0200 on the hourly chart of the XRP/USD pair (data source from SimpleFx).
The pair is likely to extend declines and it could even break below the $0.7500 support in the near term.Ripple price is under immense pressure against the US Dollar and Bitcoin. XRP/USD is likely to accelerate declines below the $0.7500 support level.
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