Ripple (XRP) Price Crashes Below Key Support: More Losses Possible

Ripple price traded to a new monthly high at $0.4777 and recently declined sharply against the US dollar.
The price broke the key $0.4570 and $0.4400 support levels to enter a bearish zone.
This week’s crucial ascending channel was breached with support at $0.4500 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair traded as low as $0.3999 and it remains at a risk of more losses in the near term.Ripple price declined sharply against the US Dollar, similar to bitcoi