Ripple Price Analysis: XRP/USD Made Double Top?

Ripple price traded higher but failed near the $0.5530 level against the US Dollar. XRP/USD likely made a double top pattern and it could decline short term.

Key Talking Points

Ripple price traded higher recently, but it could not break the $0.5530 resistance against the US Dollar. There is a major bullish trend line forming with support at $0.4900 on the 2-hours chart of the XRP/USD pair (Data feed via Bitstamp). The pair may perhaps find support on the downside near the $0.4950 and $0.4900...

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