XRP price started another decline and traded below the $1.40 zone.
The price is now trading below $1.40 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $1.3920 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to move down if it stays below $1.40.

XRP Price Dips Further
XRP price failed to stay above $1.4120 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4050 and $1.40 to enter a short-term bearish zone.
The price even extended losses below $1.3880. A low was formed at $1.380, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4570 swing high to the $1.3800 low.
The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fre

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