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The weekend has started positively for most of the coins, according to CoinMarketCap.
XRP/USD
The rate of XRP has risen by 2.85% over the last 24 hours.
On the daily chart, the price of XRP has broken the local resistance level of $0.6145. If the bar closes above that mark, the upward move may continue to the $0.62 zone tomorrow.
On the bigger time frame, the picture is also bullish. If the daily candle closes above the resistance level of $0.6150, the accumulated energy might be enough for continued growth to the $0.64 zone soon.
From the midterm point of view, the rate of XRP keeps accumulating energy for a sharp move.
Denys SerhiichukHowever, if a breakout of the interim area of $0.65 happens, there is a chance of a test of the resistance at $0.7425 shortly.
XRP is trading at $0.6210 at press time.
Vladislav Sopov
Alex Dovbnya
Dan Burgin