Key Highlights:

Ripple (available on Binance) (XRP) struggled to move above the $0.9500 resistance level

There is a bearish trend line forming a new resistance level of $0.7200

XRP is also holding a key support level of $0.6600 at the moment

Ripple (available on Binance) — New Resistance & Support Levels

XRP recently recovered against its low of $0.6041, now trading at $0.6942 at the time of writing. The coin failed to surpass or hold its previously established resistance level of $0.9500 (as of the end of last week), so a downside movement was initiated towards a new support level. As things stand, this is approximately $0.6600. A bearish trend was also formed after the cryptocurrency tested a new resistance of around $0.7200.

Source: Tradingview