XRP price extended losses and traded below $1.30. The price is now 
consolidating losses and faces hurdles near $1.30 and $1.340. XRP price 
started another decline and traded below the $1.30 zone. The price is now 
trading below $1.30 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $1.340 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.340. XRP Price Dips Below $1.30 XRP price failed to 
stay above $1.340 and extended its decline, like Bitcoin and Ethereum. The 
price declined below $1.3250 and $1.3120 to enter a short-term bearish zone. 
The price even extended losses below $1.30. A low was formed at $1.2677, and 
the price is now consolidating losses well below the 23.6% Fib retracement 
level of the downward move from the $1.3638 swing high to the $1.2677 low. The 
price is now trading below $1.30 and the 100-hourly Simple Moving Average. If 
there is a fresh recovery move, the price might face resistance near the 
$1.290 level. The first major resistance is near the $1.30 level. The main 
resistance could be $1.3150 or the 50% Fib retracement level of the downward 
move from the $1.3638 swing high to the $1.2677 low. A close above $1.3150 
could send the price to $1.3275. The next hurdle sits at $1.340. There is also 
a bearish trend line forming with resistance at $1.340 on the hourly chart of 
the XRP/USD pair. A clear move above the $1.340 resistance might send the 
price toward the $1.3550 resistance. Any more gains might send the price 
toward the $1.3750 resistance. More Losses? If XRP fails to clear the $1.3150 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.2675 level. The next major support is near the $1.2550 
level. If there is a downside break and a close below the $1.2550 level, the 
price might continue to decline toward $1.2320. The next major support sits 
near the $1.220 zone, below which the price could continue lower toward $1.20. 
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 – $1.2675 and $1.2550. Major 
Resistance Levels – $1.3150 and $1.3400.

XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at &#8230;

XRP Price Slides Sharply Lower As Selling Pressure Intensifies Rapidly

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Falcon Finance has introduced fUSD, a fully reserved stablecoin issued by Anchorage Digital Bank and designed for institutional settlement, collateral, and treasury use. The product includes a rewards structure targeting about 3% annually for qualifying institutional holders. fUSD Offers Regulated Stablecoin With Monthly Rewards for Institutions Falcon Finance has unveiled fUSD, a stablecoin aimed at &#8230;

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XRP Price Slides Sharply Lower As Selling Pressure Intensifies Rapidly

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