Bulls are trying to seize the initiative at the end of the day, according to CoinStats. XRP/USD XRP has gained a lot of value today, rising by 1.13%. On the hourly chart, the rate of XRP is trying to return to the local resistance of $2.18. If buyers' pressure continues, one can expect a level breakout, followed by a move to the $2.20 range. On the bigger time frame, the price is within yesterday's bar, which means neither side has seized the initiative. In this case, sideways trading in the area of $2.10-$2.20 is the more likely scenario. On the weekly chart, one should focus on the candle closure in terms of the support of $2.0594. If a breakout happens, the accumulated energy might be enough for a test of the vital $2 zone and below. XRP is trading at $2.1682 at press time.
Crypto-Related Anti-Money Laundering Reports Rose by 8% in Germany Last Year: FIU
4 hour ago
Donald Trump’s Earnings from the TRUMP Memecoin Have Been Revealed – A Hard-to-Believe Figure
5 hour ago
Satoshi Ally Adam Back Plans to Buy All Bitcoin Supply, But Here’s Big Catch
6 hour ago
Here’s What 500 Million Shiba Inu Costs Today and Could Be Worth by 2035
6 hour ago
Here is XRP Price if It Captures 25% of $10T Cross-border Liquidity Held by Banks and Institutions
6 hour ago
XRP Price Outlook: Bears Target $1.60 as 90-day MVRV Signals Top
6 hour ago