**Cryptocurrency News**

- Ripple (XRP) faced strong selling pressure near the $0.65 resistance zone, which led to a sharp decline in the price.

- A break of the lower boundary of the rising wedge signals a possible bearish trend.

- XRP may continue to fall towards the $0.5 level in the coming sessions.

- There is a false breakout on the 4-hour chart, after which the price quickly returned to the flag range.

- XRP is currently testing the critical support zone at $0.52 and $0.48.