Ripple (XRP) Price Could Bleed Despite Bitcoin Price Surge

Ripple price remained in a bearish zone and failed to recover above $0.2980 against the US dollar.
The price is currently trading near the $0.2910 support and remains at a risk of more losses.
This week’s highlighted bearish trend line is still intact with resistance near $0.2950 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently under pressure and it could spike below the $0.2900 support before a fresh increase.Ripple price is struggling to start a r