XRP Price Still at Risk: Will It Face Another Downside Break?

XRP price started another decline after it failed to surpass the $0.530 resistance. The price is back below $0.5150 and showing a few bearish signs.XRP struggled near $0.5300 and started a fresh decline.
The price is now trading below $0.5150 and the 100-hourly Simple Moving Average.
There was a break below a key contracting triangle with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could gain bearish momentum if there is a close below $0.500.XRP