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The rates of most of the coins are rising; however, there are some exceptions to the rule, according to CoinMarketCap.
XRP/USD
The price of XRP has declined by 0.78% over the last 24 hours.
Despite today's fall, the rate of XRP is looking bullish on the hourly chart. If the daily candle closes around current prices, there is a chance to see a resistance breakout, followed by a move to the $0.51 zone.
On the bigger time frame, the picture is similar. The price of XRP has once again bounced off the $0.47 zone, which means that bulls are not going to give up so easily. From the technical point of view, the accumulated energy might be enough for a move to the $0.53-$0.54 zone.
On the weekly chart, the situation is unclear as the price is far from the main levels. As none of the sides has seized the initiative yet, ongoing consolidation around the $0.50 area is the more likely scenario.
XRP is trading at $0.4978 at press time.
Alex Dovbnya
Dan Burgin
U.Today Editorial Team
Vladislav Sopov