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XRP Price Prediction for July 11

u.today

10 min ago

XRP Price Prediction for July 11

Bulls keep controlling the initiative at the end of the week, according to CoinMarketCap. XRP/USD The rate of XRP has risen by 5.46% over the last 24 hours. On the hourly chart, the price of XRP is near the local resistance of $2.5985. If bulls can hold the gained initiative until the end of the day, a breakout may lead to the test of the $2.60 zone by tomorrow. On the longer time frame, there are no reversal signals yet. If the candle closes near the bar's peak, one can expect a test of the $2.6549 resistance until the end of the week. From the midterm point of view, the price of XRP is testing the $2.59 level. At the moment, traders should pay attention to the weekly bar's closure. If it happens above the resistance and with no long wick, the accumulated energy might be enough for a move to the $2.70-$2.80 range. XRP is trading at $2.5856 at press time.

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