![XRP Prediction for August 21](https://u.today/sites/default/files/styles/736x/public/2024-08/s3813.jpg)
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Coins have returned to the red zone, according to CoinStats.
![Article image](/sites/default/files/inline-images/top10_1308.png)
XRP/USD
The price of XRP has dropped by 1.4% since yesterday.
![Article image](/sites/default/files/inline-images/xrp1_180.png)
On the hourly chart, the rate of XRP has made a false breakout of the local support level of $0.5924. If the daily bar closes far from it, traders may expect a test of the resisance of $0.6010 soon.
![Article image](/sites/default/files/inline-images/xrp2_176.png)
On the bigger time frame, neither bulls nor bears are dominating. If buyers want to seize the initiative, they need to restore the price of XRP to at least the $0.61 area.
In that case, there might be a chance for a continued upward move to the $0.62-$0.64 range.
![Article image](/sites/default/files/inline-images/xrp3_171.png)
From the midterm point of view, sideways trading remains the more likely scenario. In this regard, ongoing consolidation in the wide zone of $0.55-$0.65 is the more likely scenario.
XRP is trading at $0.5932 at press time.