Ripple Price Analysis: Bears In Action Below $0.365

Ripple price started a fresh decline from the $0.3950 zone against the US dollar. The price is now trading below $0.3800 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.3400 support zone. Ripple price is struggling below $0.380 against the US Dollar, similar to bitcoin. XRP price must stay above $0.3400 to avoid more downsides in the near term. Ripple Price Analysis This past week, ripple price