XRP price failed to surpass $1.680 and started another decline. The price is 
now correcting gains and might struggle to stay above $1.450. XRP price 
started a downside correction and declined below $1.550. The price is now 
trading above $1.450 and the 100-hourly Simple Moving Average. There was a 
break below a key bullish trend line with support at $1.4880 on the hourly 
chart of the XRP/USD pair (data source from Kraken). The pair could start 
another increase if it stays above $1.440. XRP Price Rally Cools XRP price 
failed to stay above $1.620 and started a downside correction, like Bitcoin 
and Ethereum. The price dipped below the $1.60 and $1.550 levels to enter a 
negative zone. The price even dipped below the 61.8% Fib retracement level of 
the upward move from the $1.3475 swing low to the $1.6713 high. Besides, there 
was a break below a key bullish trend line with support at $1.4880 on the 
hourly chart of the XRP/USD pair. The bulls are now active above the $1.450 
zone. The price is now trading above $1.4620 and the 100-hourly Simple Moving 
Average. If there is a fresh upward move, the price might face resistance near 
the $1.50 level. The first major resistance is near the $1.510 level, above 
which the price could rise and test $1.5450. A clear move above the $1.5450 
resistance might send the price toward the $1.580 resistance. Any more gains 
might send the price toward the $1.620 resistance. The next major hurdle for 
the bulls might be near $1.640. Downside Continuation? If XRP fails to clear 
the $1.510 resistance zone, it could start a fresh decline. Initial support on 
the downside is near the $1.440 level. The next major support is near the 
$1.4240 level or the 76.4% Fib retracement level of the upward move from the 
$1.3475 swing low to the $1.6713 high. If there is a downside break and a 
close below the $1.4240 level, the price might continue to decline toward 
$1.40. The next major support sits near the $1.360 zone, below which the price 
could continue lower toward $1.340. Technical Indicators Hourly MACD – The 
MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative 
Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support 
Levels – $1.440 and $1.4240. Major Resistance Levels – $1.50 and $1.510.

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