XRP Price Recovers Slightly, Showing Subtle Signs of Bullish Reaccumulation

XRP price started a fresh decline below $2.00. The price is now recovering from $1.820 and might face hurdles near the $2.150 pivot level. XRP price started a recovery wave from the $1.820 zone. The price is now trading above $2.00 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.150. XRP Price Eyes Recovery XRP price extended losses below the $2.00 support, like Bitcoin and Ethereum. The price even spiked below $1.90 before the bulls appeared. A low was formed at $1.8177, and the price is now attempting to recover. There was a move above the $1.88 and $1.95 levels. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $2.140 swing high to the $1.817 low. Besides, there was a break above a key bearish trend line with resistance at $2.00 on the hour