Ripple (XRP) Price Could Retest $0.3000 Before Fresh Upside

Ripple price failed near the $0.3370 level and declined below the $0.3250 support against the US dollar.
The price traded to a new weekly low at $0.3134 and remains at a risk of more losses in the short term.
There is a major bearish trend line formed with resistance near $0.3285 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could extend the current decline and it may even revisit the key $0.3000 support area.Ripple price failed to gain bullish momentum against the