XRP Price Stalls Again, Can Bulls Overcome Crucial Hurdles?

XRP price started a downside correction from the $1.4650 zone. The price is now consolidating and might aim for more gains if it stays above the $1.40 zone. XRP price started a fresh increase above the $1.420 zone. The price is now trading above $1.40 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.4250. XRP Price Holds Support XRP price started a decent upward move above $1.4120 and $1.4250, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.450 resistance. A high was formed at $1.4650 and the price started a downside correction. There was a move below $1.450 and $1.440. The price dipped below the 61.8% Fib retracement level of the upward move from the $1.3612 swing low to the $1.4650 high. However, the bulls were active above $1.3850 and the 76.4% Fib retracement level of the upwa