XRP Stalls at $2.00 Barrier
XRP's recovery attempt hit a roadblock at the $2.00 level as sellers pushed prices back below the 100-hourly Simple Moving Average.
The token found support above $1.8650 and climbed past $1.90 and $1.920, but its brief spike above $1.980 was short-lived.
A bearish trend line has formed on the hourly XRP/USD chart with resistance at $2.00, suggesting further downside risk if the $1.920 support fails to hold.