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Sellers are coming back to the game in the middle of the week, according to CoinStats.
XRP/USD
The rate of XRP has declined by almost 4% since yesterday.
On the hourly chart, the price of XRP is going up after a false breakout of the local support of $2.0433. If buyers' pressure continues and the daily bar closes near the resistance, one can expect a blast to the $2.15 zone tomorrow.
On the bigger time frame, neither bulls nor bears are dominating. The falling volume confirms that fact. If buyers want to seize the initiative, they need to restore the rate above the $2.20 mark.
Denys SerhiichukIn that case, traders may witness a resistance breakout.
From the midterm point of view, the situation is similar. The price of XRP is within the previous candle, which means there are low chances of seeing sharp ups or downs soon.
XRP is trading at $2.0815 at press time.
Vladislav Sopov
Dan Burgin