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Some coins from the top 10 list are bouncing back, while others keep falling, according to CoinStats.
XRP/USD
The price of XRP has risen by 1.1% since yesterday.
On the hourly chart, the rate of XRP has broken the local resistance level of $0.4802. If the daily bar closes above it, the rise may continue to the $0.49 zone tomorrow.
On the bigger time frame, one should pay attention to the previous candle high as the price is far from key levels.
Denys SerhiichukIf buyers can hold the gained initiative, the upward move may lead to the test of a $0.49-$0.50 zone soon.
From the midterm point of view, neither bulls nor nears are dominating. However, until the price is below the vital $0.50 mark, there is still a chance to see one more correction wave.
XRP is trading at $0.4826 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin