XRP remains in an elongated downtrend as its latest attempt at staging a breakout from the prevalent descending channel faces resistance. XRP has been caught in a prolonged downtrend since dropping from the high of $0.58 in late March. All attempts are staging a breakout have been met with resistance from the bears. Most recently, The post XRP Faces Resistance as it Looks to Break out of Downtrend first appeared on The Crypto Basic .