On the upside, the price is encountering resistance near $0.7800. The next major resistance is located near the $0.8000 level. It is approaching the 61.8 percent Fib retracement level of the decline from the upswing to $0.8650, to the low of $0.6986.

A close above the $0.8000 level might send the price up to the $0.8500 mark. The next big resistance is located near $0.9500. Any further rises could push the price up to the $1.00 mark.

If there is no upward break over $0.8000, the price may resume its downward trend. The next major support mark is at $0.7350. Any further losses could push the price down to $0.7000 in the short term.

According to the chart, the price of Ripple is currently trading below $0.7800 and the 55 simple moving average (4-hour). Overall, if the price remains below the $0.8000 resistance, it may continue to fall. Good luck!