XRP Price Rejection Sparks Drop, Bulls Lose Short-Term Control

XRP price extended losses and traded below $1.420. The price is now consolidating losses and faces hurdles near $1.4120 and $1.4150. XRP price started another decline and traded below the $1.4250 zone. The price is now trading below $1.4150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.4150. XRP Price Dips Aga