On the last day of the week, XRP continues to show positive dynamics, staying in the green zone. We will review the current price changes and give a forecast for further market movements.
Current XRP Dynamics
In a relatively stable market, XRP stands out by increasing in price by 0.64% over the last day. This occurs amid sellers returning to the market.
Time Frame Analysis
The hourly chart shows that the XRP rate is far from local support and resistance levels. If buyers lose the interim mark of $2.24, the correction may continue to the $2.20 area. On a larger time frame, neither buyers nor sellers have accumulated enough resources for sharp moves, as confirmed by the declining trading volume.
Future Expectations
On the weekly chart, the picture is similar: if the candle closes around the current prices, traders are unlikely to expect increased volatility by the end of the month. XRP is trading at $2.2537 at press time.
In the near future, further sideways trading of XRP between $2.20 and $2.40 is expected. The stable market situation does not predict significant changes in the coming days.
