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Most of the coins are growing today, according to CoinStats.
XRP/USD
The price of XRP has risen by 6.65% over the last 24 hours.
On the hourly chart, the rate of XRP has made a false breakout of the local resistance of $2.3428. However, if the daily bar closes around that mark, one can expect a test of the $2.40 area shortly.
On the bigger time frame, the price of XRP is far from key levels.
Denys SerhiichukIf the situation does not change by the end of the day, ongoing sideways trading in the narrow range of $2.20-$2.40 is the most likely scenario.
From the midterm point of view, one should focus on the vital $2 zone. If sellers' pressure continues and the candle closes below the mentioned mark, the breakout may lead to decline to the $1.50 level.
XRP is trading at $2.2815 at press time.
Dan Burgin
Vladislav Sopov