$XRPprice started a downside correction from the $1.40 zone. The price is now consolidating and might aim for another increase if it stays above the $1.30 zone.

• $XRPprice started a downside correction after it failed to clear the $1.40 zone.
• The price is now trading below $1.340 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $1.3550 on the hourly chart of the $XRP/U