XRP Price Softens Further, Grinding Losses Test Bullish Patience

XRP price extended losses and traded below $1.380. The price is now consolidating losses and faces hurdles near $1.3840 and $1.40. XRP price started another decline and traded below the $1.3840 zone. The price is now trading below $1.380 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3840 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.3840. XRP Price Dips Again XRP