XRP Price Loses Ground As Bearish Pressure Quietly Builds

XRP price started a downside correction below the $1.3420 zone. The price is now showing bearish signs and might decline further below $1.3150. XRP price started a downside correction after it failed to stay above the $1.3450 zone. The price is now trading above $1.3150 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1.3380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $