XRP Price Prediction: Ripple Crumbles From July Highs, Risks Exploring Levels Under $0.7

• XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend.
• Ripple hunts for support at the 50 SMA to avert losses under $0.7.
• The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses.

Ripple price has continued with an upward roll started after July’s worst selloff that saw it plummet to $0.52. The international money transfer token seems to have restored investor interest, especially with the launch of the On-Demand Liquidity (ODL) remittance corridor between Japan and the Philippines.