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XRP Price Analysis for September 10

Sun, 09/10/2023 - 18:00
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Denys Serhiichuk
Is rate of XRP ready to blast next week?
XRP Price Analysis for September 10
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Sellers remain more powerful than buyers on the last day of the week, according to CoinStats.

Top coins by CoinStats


The rate of XRP has decreased by 0.48% since yesterday.

Image by TradingView

On the local time frame, the price of XRP is in the middle of the channel between the support at $0.4952 and the resistance at $0.5020.

DOGE and SHIB Price Analysis for September 9

If buyers can get the rate to the $0.50 zone and fix it above, one can expect a blast to $0.5040 tomorrow.

Image by TradingView

A less clear picture is on the daily chart as the price remains far from the key levels. Growth might only happen if the rate returns to the $0.51 zone. Only in that case could buyers seize the initiative.

Image by TradingView

From the midterm point of view, neither side is dominating as the bar is about to close within the previous candle. Respectively, ongoing consolidation in the range of $0.48-$0.52 is the more likely scenario until the end of the month.

XRP is trading at $0.4995 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at