- XRP price is under a lot of pressure below the $0.4900 and $0.4950 resistance levels against the US dollar.
- This week’s followed crucial bearish trend line is intact with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken).
- The pair remains at a risk of more losses as long as it is below the $0.4900 and $0.5000 levels.
XRP price is slowly moving lower against the US Dollar and Bitcoin. XRP/USD may accelerate declines once it breaks the $0.4600 support area.