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XRP Price Prediction for September 14

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Sat, 14/09/2024 - 17:15
XRP Price Prediction for September 14
Cover image via U.Today

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The weekend has started mainly bullish for most of the coins, according to CoinMarketCap.

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Top coins by CoinMarketCap

XRP/USD

The rate of XRP has increased by 3.32% over the last day.

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Image by TradingView

On the hourly chart, the price of XRP might have set a local resistance level of $0.5925. A further upward move is unlikely as most of the daily ATR has passed. In this case, sideways trading in the narrow range of $0.58-$0.59 is the more likely scenario until tomorrow.

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Image by TradingView

On the bigger time frame, one should pay attention to the bar closure in terms of the level of $0.5845. If the candle closes above it, the growth may lead to a test of the $0.60 zone soon.

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Image by TradingView

From the midterm point of view, the rate of XRP keeps getting energy for a sharp move. The volume has declined, which means neither side has seized the initiative yet.

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All in all, ongoing sideways trading in the area of $0.55-$0.65 is the more likely scenario.

XRP is trading at $0.5868 at press time.

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