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Bears are becoming more active at the end of the week, according to CoinStats.
XRP/USD
The price of XRP has risen by 1.85% over the last 24 hours.
On the hourly chart, the rate of XRP might have set a local resistance level of $1.95. If the daily candle closes far from that mark, there is a chance to see a drop to the $1.90 range.
On the daily time frame, one should pay attention to the bar closure in terms of yesterday's candle peak.
Denys SerhiichukIf it happens near $1.9575, the breakout may lead to a test of the $2 area the upcoming week.
From the midterm point of view, the rate of XRP is approaching the $1.9669 level. If the weekly bar closes near it or above and with no long wick, the growth may continue to the $2-$2.20 zone.
XRP is trading at $1.9249 at press time.
Arman Shirinyan
Dan Burgin
Vladislav Sopov