XRP Retraces From $1.460 High As Price Tests $1.3880 Support And Key $1.430 Resistance

XRP retreated after failing to hold above $1.460 and is now hovering around the $1.3880 support while trading near $1.380 and the 100-hourly Simple Moving Average. The XRP/USD pair is capped by a descending channel with resistance at $1.430, and a breakout could open the way to $1.450 and $1.4720, while a drop below $1.3880 may trigger further losses toward $1.3680 and $1.3500.