XRP Price Stuck Under $2.00 As Markets Brace For Another Slide

XRP price failed to surpass $2.00 and started another decline. The price is now correcting gains and might struggle to stay above $1.860.

XRP price started a downside correction and tested the $1.90 zone. The price is now trading near $1.890 and the 100-hourly Simple Moving Average. There is a declining channel or a possible bullish flag pattern forming with support at $1.860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it clears $1.950. XRP Price Struggles Below $2.00

XRP price failed to clear $2.00 and started a downside correction, underperforming Bitcoin and Ethereum. The price dipped below the $1.920 and $1.90 levels to enter a negative zone.

The price even dipped