XRP Price Risks Fresh Drop, Is Another Leg Lower Imminent?

XRP price started a fresh decline from $1.4380. The price is now struggling and is at risk of another decline below the $1.380 zone. XRP price started a fresh decline below the $1.420 zone. The price is now trading below $1.420 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $1.380. XRP Price Dips Again XRP price attempted a recovery wave above $1.4220 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $1.420 and $1.4120. There was a move below the 50% Fib retracement level of the upward move from the $1.3838 swing low to the $1.4372 hig...