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The rates of most of the coins have returned to the green zone, according to CoinStats.
XRP/USD
The price of XRP has gone up by 2.14% over the past 24 hours.
On the hourly chart, the rate of XRP has made a false breakout of the local resistance at $1.9327. However, if the daily bar closes not far from that mark, traders may expect ongoing growth to the $1.95 zone.
On the longer time frame, one should pay attention to the nearest level at $1.9276. If its breakout happens and the candle closes above it with a short wick, the accumulated energy might be enough for a test of the $1.95-$2 range soon.
From the midterm point of view, traders should focus on the nearest level at $1.8209.
If the weekly bar closes far from that, bulls may seize the initiative, which might lead to growth to the $2-$2.10 area next month.
XRP is trading at $1.9294 at press time.
Godfrey Benjamin
Denys Serhiichuk
Tomiwabold Olajide
Arman Shirinyan