Ripple (XRP) Price Bearish Bias Intact Despite 5% Rally

Ripple price is currently correcting from the new monthly low of $0.2005 against the US dollar. The price might correct further higher, but the $0.2270 resistance is a crucial hurdle for buyers. There is a major bearish trend line forming with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data source from

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Author: toutiao