Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone.
Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. The price is now trading below $0.380 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a strong increase if it clears the $0.388 resistance zone. Ripple Price Remains Supported
This past week, ripple’s XRP attempted an upside break above the $0.40 resistance against the US Dollar. However, the bears remained active near $0.40 and pushed