XRP Price Bounce Losing Steam, Failure Signals Could Emerge

XRP price started a recovery wave above $1.40 and $1.4150. The price is now consolidating and might aim for a fresh move if it clears $1.4650. XRP price started a recovery wave above the $1.420 zone. The price is now trading above $1.420 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $1.4190 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.4650. XRP Price Holds Support XRP pri