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Most of the top 10 coins are back in the green zone.
Top pieces by CoinMarketCap
XRP/USD
The price of XRP has increased by 0.28% in the last 24 hours.
Picture by TradingView
On the hourly chart, the XRP rate bounced off the local support level at $0.4719. If the buyers can hold the price above this mark, the upward move should continue to the resistance at $0.4773.
Such a scenario is relevant until the end of tomorrow.
Picture by TradingView
In the longer term, the situation is not so positive, as the rate is far from the key levels. An uptrend reversal can be thought of if the bulls reestablish the price above the $0.50 area. Until that happens, ongoing sideways trading is the most likely scenario.
Picture by TradingView
On the daily chart against Bitcoin (BTC), the bulls failed to take the lead, and today’s bar is set to close below yesterday’s candle low. If nothing changes, traders can expect a continued correction from the support level at 0.00001504.
XRP is trading at $0.4748 at press time.
