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The last day of June is neutral for the crypto market as some coins keep rising, while others are in the red zone, according to CoinMarketCap.
XRP/USD
The rate of XRP has fallen by 0.33% over the last 24 hours.
On the hourly chart, the price of XRP has made a false breakout of the support of $2.1713. If the growth continues, one can expect a test of the $2.20-$2.21 range by tomorrow.
On the longer time frame, bulls have failed to keep yesterday's rise going. If the daily candle closes below $2.1750, sellers may seize the initiative, which may lead to a drop to the $2.15 mark.
From the midterm point of view, it is too early to make any long-term predictions as the week has just started.
Buyers may start thinking about an ongoing upward move if the price breaks the previous candle high of $2.23.
XRP is trading at $2.1825 at press time.
Vladislav Sopov
U.Today Editorial Team