Most cryptocurrencies are showing growth again, attracting the attention of investors and analysts.
Current XRP Price
The price of XRP has increased by 0.67% since yesterday, currently standing at $1.90.
XRP Chart Analysis
On the hourly chart, the price of XRP is falling after a false breakout of the resistance at $1.9730. If selling pressure continues, a test of the $1.85 zone may be seen. On larger timeframes, there is no dominance from either side as the price is far from key levels. If the daily candle closes around current prices, sideways trading in the range of $1.85-$2 is the most likely scenario.
Future Prospects
From a midterm perspective, the price of XRP has made a false breakout of the $1.7711 level. If the candle closes far from this level, traders may witness a bounce back to the $2 zone.
Currently, the cryptocurrency market shows positive dynamics, especially concerning XRP, which may provide traders with opportunities to capitalize on potential price fluctuations.
