XRP price extended losses and traded below $1.5320. The price is now attempting to recover but faces hurdles near $1.6250 and $1.650.
XRP price started a recovery wave from the $1.5250 zone. The price is now trading below $1.6220 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.6250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.6350. XRP Price Recovery Faces Hurdles
XRP price failed to stay above $1.550 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.5250 and $1.520 to enter a short-term bearish zone.
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The price even spiked below $1.5120. A low was
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