XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead

XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance.XRP price gained bearish momentum below the $0.4240 support zone.
The price is now trading below $0.4250 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $0.4150 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might recover, but the upsides might be limited above $0