Ripple technical analysis: XRP/USD consolidates in flag formation after failing at the $0.30 zone

Ripple technical analysis: XRP/USD consolidates in flag formation after failing at the $0.30 zone

XRP/USD drops below the upward trending line. Hourly XRP/USD chart dipped below the red Ichimoku cloud. The XRP/USD price failed around the $0.30 zone on 17th October and has settled around the $0.29 level. The price has been consolidating horizontally in a flag formation and has dropped below the upward trending line.