Aug 7, 2018
Ripple Price Analysis: XRP/USD Broke Key Support at $0.4270
Ripple Price Analysis: XRP/USD Broke Key Support at $0.4270
Key Highlights
Ripple price failed to hold an important support at $0.4270 and declined against the US dollar.
There is a new connecting bearish trend line formed with resistance at $0.4270 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair may correct a few points, but the broken supports at $0.4200 and $0.4270 could prevent gains.
Ripple price moved into a bearish zone…
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