![XRP Prediction for August 15](https://u.today/sites/default/files/styles/736x/public/2024-08/51163.jpg)
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The market remains under sellers' pressure, according to CoinStats.
![Article image](/sites/default/files/inline-images/top10_1298.png)
XRP/USD
The price of XRP has declined by 0.58% over the past day.
![Article image](/sites/default/files/inline-images/xrp1_179.png)
On the hourly chart, the rate of XRP is in the middle of the local channel, between the support of $0.5624 and the resistance of $0.5742.
As neither buyers nor sellers are dominating, ongoing sideways trading is the more likely scenario until the end of the day.
![Article image](/sites/default/files/inline-images/xrp2_175.png)
On the bigger time frame, one should pay attention to the nearest support level of $0.5627. If the price comes back to it, that might be a prerequisite for a breakout, followed by a dump to the $0.55-$0.56 range.
![Article image](/sites/default/files/inline-images/xrp3_170.png)
From the midterm point of view, the situation has not changed much. Currently, traders should focus on the closest zone of $0.60. If it breaks out, growth can lead to the test of the $0.65 area soon.
XRP is trading at $0.5709 at press time.