Ripple (XRP) Price Analysis

Ripple price failed to surpass the $0.3700 resistance area against the US dollar. XRP is currently testing a crucial support near $0.3500, below which there could be a corrective decrease.

In the past two sessions, there was a fresh downside correction triggered in bitcoin, Ethereum, bitcoin cash, litecoin, cardano, stellar and ripple. XRP price failed to clear the $0.3680 and $0.3700 resistance levels, resulting in a bearish reaction towards the $0.3500 support.

Looking at the 30-minute chart of XRP/USD, the pair made another attempt to surpass the $0.3700 and $0.3710 resistance levels. The price tested the $0.3745 level, but it failed to hold gains. Finally, there was a fresh decline below the $0.3680 and $0.3635 support levels.

Reference: https://blockonomi.com/ripple-xrp-price-analysis-break-below-0-3500-could-trigger-corrective-decrease/

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