XRP price started a downside correction from the $1.40 zone. The price is now consolidating and might aim for another increase if it stays above the $1.30 zone.
- XRP price started a downside correction after it failed to clear the $1.40 zone.
- The price is now trading below $1.340 and the 100-hourly Simple Moving Average.
- There is a bearish trend line forming with resistance at $1.3550 on the hourly chart of the XRP/USD pair (data source from Kraken).
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