Ripple (XRP) Price Won’t Go Down Quietly: Risk of Bullish Breakout Grows

Ripple price is facing a couple of important hurdles near the $0.1780 and $0.1800 levels against the US dollar. There is a crucial bearish trend line forming with resistance near $0.1780 on the 4-hours chart of the XRP/USD pair (data source from Kraken).

The next key resistance above $0.1800 is near the $0.1850 level and the 100 simple moving average (4-hours). If ripple price fails to surpass the $0.1780 and $0.1800 resistance levels, there are chances of a fresh decline.

Timeline of Xrp