Ripple Price (XRP) Rebound After 15% Drop Is Facing Resistance

Ripple price declined sharply after it broke the $0.2650 and $0.2500 supports against the US dollar.
The price is down more than 10% and it recently traded close to the $0.2050 level.
Yesterday’s highlighted declining channel was breached with support near $0.2620 on the hourly chart of the XRP/USD pair (data source from Kraken).
The price is currently correcting higher, but it is facing hurdles near $0.2450 and $0.2550.Ripple price is currently rebounding after a sharp decline against th