Ripple Price Analysis: XRP/USD Nosedives Below $0.7500

Ripple price traded sharply lower and traded below the $0.8000 level against the US Dollar. XRP/USD is under heavy selling pressure and it recently traded below $0.7400.

Key Talking Points

Ripple price recently declined sharply and traded below the $0.8000 level against the US Dollar. There is a key bearish trend line forming with resistance near $0.8000 on the hourly chart of the XRP/USD pair (Data feed via Bitstamp). The pair may decline further and it could even break the $0.7239 low....

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