XRP Price Upside Threatened as $1.42 Emerges Key Resistance

XRP price began a recovery above $1.3820 but stalled near $1.420. It is currently consolidating and may attempt another move higher. The price broke above a bearish trend line with resistance at $1.360. XRP is trading below $1.3880 and the 100-hourly Simple Moving Average. Key resistance levels are identified at $1.3820 and $1.4080. A close above $1.4080 could propel XRP towards $1.420 and potentially $1.440. Conversely, failure to overcome $1.4080 might trigger a decline towards $1.340 and $1.3220. Further downside could see XRP testing support at $1.30. Technical indicators suggest the MACD is losing bullish momentum while the RSI remains above 50.