Black line- resistance trend line
Green rectangle- support area
XRPUSD remains in a bearish short-term trend as price continues making lower lows and lower highs. XRPUSD continues to get rejected each time price touches the black downward sloping resistance trend line. This price action confirms the importance of the black trend line. XRPUSD got rejected yesterday when price touched the resistance trend line. Price remains vulnerable to another move towards the green support area around $0.30.
