XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?

XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?

XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance. XRP price declined further below the $0.5250 zone. The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…