XRP Struggles Below $1.620 as $1.650 Caps Upside and $1.550 Supports

According to the XRP/USD hourly chart (data source from Kraken), XRP extended losses under $1.550 and then attempted a rebound from the $1.50 area. The pair trades below $1.620 and the 100-hourly Simple Moving Average, with resistance seen near $1.650 and the $1.70 region.