XRP Price Momentum Stalls: Bulls Fails to Break Through

Description

XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support. XRP price is attempting a fresh increase above the $2.250 resistance zone. The price is now trading above $2.25 and the 100-hourly Simple Moving Average. There is a key declining channel forming with resistance at $2.288 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent increase if it clears the $2.30 resist...