<div id="readability-page-1"><div>XRP price failed to stay above $1.40 and started a downside correction. The price is now holding the $1.3680 support and might aim for another increase.<ul><li>XRP price started a downside correction and declined below $1.4250.</li><li>The price is now trading above $1.3680 and the 100-hourly Simple Moving Average.</li><li>There was a break below a bullish trend line with support at $1.3890 on the hourly chart of the XRP/USD pair (data source from Kraken).</li><li>The pair could start another increase if it stays above $1.3680.</li></ul>XRP Price Dips AgainXRP price failed to stay above $1.4350 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.4250 and $1.4120 levels to enter a negative zone.The price even dipped below the 50% Fib retracement level of the upward move from the $1.3217 swing low to the $1.4432 high. Besides, there was a break below a bullish trend line with support at $1.3890 on the hourly chart of the XRP/USD pair.The price is now trading above $1.3680 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3980 level. The first major resistance is near the $1.40 level, above which the price could rise and test $1.4250.<figure></figure>A clear move above the $1.4250 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.50 resistance. The next major hurdle for the bulls might be near $1.5250.More Losses?If XRP fails to clear the $1.4250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3720 level. The next major support is near the $1.3680 level and the 61.8% Fib retracement level of the upward move from the $1.3217 swing low to the $1.4432 high.If there is a downside break and a close below the $1.3680 level, the price might continue to decline toward $1.350. The next major support sits near the $1.3420 zone, below which the price could continue lower toward $1.3320. Any more losses might call for a test of $1.320.Technical IndicatorsHourly 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 – $1.3720 and $1.3680.Major Resistance Levels – $1.4250 and $1.4500.</div></div>

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XRP price has started a downside correction, failing to maintain levels above $1.40 and currently holding support at $1.3680. A break below the bullish trend line at $1.3890 indicates potential further declines. If XRP can stay above $1.3680, it may aim for resistance at $1.3980 and $1.4250. However, failure to clear $1.4250 could lead to a decline towards $1.350, with major support levels at $1.3720 and $1.3680. Technical indicators show a bearish trend with the MACD gaining pace in the bearish zone and RSI below 50.

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