Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Bears remain powerful as the prices of most of the coins are in the red zone, according to CoinMarketCap.
XRP/USD
The price of XRP is almost unchanged since yesterday.
On the hourly chart, the rate of XRP is looking bullish as it is testing the local resistance of $0.5344. If its breakout occurs, the upward move may continue to the $0.5450 zone.
On the bigger time frame, the price is far from key levels. As none of the sides has seized the initiative, there are low chances to expect any sharp moves.
Related
In this case, ongoing sideways trading in the zone of $0.52-$0.54 is the more likely scenario.
From the midterm point of view, the picture is quite similar. The volume remains low, confirming the absence of buyers’ and sellers’ energy. Respectively, traders can expect consolidation around $0.54 until the end of the month.
XRP is trading at $0.5351 at press time.
Read More: u.today
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Dogecoin 
Cardano 
TRON 
Lido Staked Ether 
Wrapped Bitcoin 
Sui 
Wrapped stETH 
Chainlink 
Hyperliquid 
Avalanche 
Stellar 
Shiba Inu 
Bitcoin Cash 
Hedera 
LEO Token 
Toncoin 
Litecoin 
Polkadot 
WETH 
Monero 
USDS 
Wrapped eETH 
Bitget Token 
Pepe 
Binance Bridged USDT (BNB Smart Chain) 
Pi Network 
Ethena USDe 
Coinbase Wrapped BTC 
WhiteBIT Coin 
Bittensor 
Aave 
Uniswap 
NEAR Protocol 
Dai 
Aptos 
Jito Staked SOL 
Ondo 
OKB 
Kaspa 
Internet Computer 
Cronos 
Ethereum Classic 
BlackRock USD Institutional Digital Liquidity Fund