#Xrp🔥🔥 price started a fresh recovery wave above the $2.40 zone. The price is now correcting gains from $2.50 and might revisit the $2.35 support.

XRP price started a fresh recovery wave above the $2.40 resistance zone.

The price is now trading above $2.40 and the 100-hourly Simple Moving Average.

There was a break below a connecting bullish trend line with support at $2.430 on the hourly chart of the XRP/USD pair (data source from Kraken).

The pair might extend losses if it breaks the $2.40 support zone.