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Ripple’s XRP technical analysis: XRP/USD bears force daily flag breakout

Ripple’s XRP technical analysis: XRP/USD bears force daily flag breakout

Ripple’s XRP price is trading with the red by some 5.50% in the session on Friday. XRP/USD has breached an ascending channel/bearish flag via the daily. The failure of the bulls attempting to break $0.3000 has invited selling pressure. XRP bears are pressing to end the five consecutive weeks of gains that the bulls had enjoyed.