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The majority of the coins are going up today, according to CoinStats.
XRP/USD
The price of XRP has almost not changed since yesterday.
On the hourly chart, the rate of XRP is returning to the local resistance of $3.1387. If the daily bar closes around that mark, there is a chance of a test of the $3.15 area.
On the bigger time frame, the picture is neither bullish nor bearish. As neither side is dominating, traders are unlikely to see sharp moves soon.
From the midterm point of view, the situation is similar. In this case, one should focus on the weekly candle closure in terms of the vital $3 area.
If bulls can hold the gained initiative, the growth may lead to a test of the $3.40 range.
XRP is trading at $3.1263 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team