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XRP/USD
The price of XRP has increased by almost 1% over the last day.
On the hourly chart, the rate of XRP is breaking the local support of $2.3176. If the daily bar closes below that mark, the fall is likely to continue to the $2.28 zone.
On the bigger time frame, the price of XRP has fixed below the $2.4106 level.
Denys SerhiichukIf buyers cannot seize the initiative by the end of the day, there is a chance to see a test of the $2.20-$2.25 area shortly.
From the midterm point of view, none of the sides is dominating. If the weekly bar closes around current prices, sideways trading in the range of $2.20-$2.50 is the most likely scenario.
XRP is trading at $2.3225 at press time.
Vladislav Sopov
Dan Burgin