XRP Price Under Pressure—Can It Survive This Support Test?

XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.040 zone. The price is now trading below $2.020 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.00. XRP Price Dips Again XRP price attempted a recovery wave above $2.120 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.10 and $2.050. There was a move below the $2.00 support level. A low was formed at $1.993, and the price is now consolidating losses below the 23.6% ...