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XRP Price Prediction for May 31

u.today

1 day ago

XRP Price Prediction for May 31

Most of the coins are going down on the first day of the weekend, according to CoinMarketCap. XRP/USD On the hourly chart, the rate of XRP has fallen by 1.93% over the last day. The price of XRP is near the local resistance of $2.1533. If bulls can hold the gained initiative and the daily bar closes above that mark, one can expect an ongoing upward move to the $2.20 zone. On the bigger time frame, the rate of XRP has bounced off the support of $2.077. If the candle closes far from that mark, traders may witness a local correction to the $2.20-$2.25 range. From the midterm point of view, the price is falling after a false breakout of the resistance of $2.59. If nothing changes, one can expect an ongoing downward move to the vital $2 zone. XRP is trading at $2.1608 at press time.

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