Ripple Price Prediction: Can XRP Continue To Outperform Bitcoin?

Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might drop further similar to bitcoin.

• Ripple faced a strong selling interest near the $0.55 zone against the US dollar.
• The price is now trading below $0.500 and the 100 simple moving average (4-hours).
• There was a break below a key bullish trend line with support near $0.4940 on the 4-hours chart of the XRP/USD pair (data source from Kraken).
• The pair could decline heavily if there is a clear move below the $0.4650 support.

Ripple’s XRP Price Starts Decline

This past week, ripple’s XRP started a steady increase from the $0.4500 support zone. There