Most coins from the top 10 list are going up again, according to CoinStats.
XRP/USD
XRP is one of the biggest gainers today, rising by 4.4%.
On the hourly chart, the rate of XRP is near the resistance of $2.2730. If buyers can hold the gained initiative and the daily bar closes around that mark, there is a chance to see a test of $2.30 tomorrow.
On the longer time frame, the price of XRP is going up after yesterday’s bullish closure. However, the rate is far from the main levels, which means bulls might need more time to accumulate energy for a further move.
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In this case, sideways trading in the range of $2.35-$2.30 is the most likely scenario.
From the midterm point of view, it is too early to make any distant predictions as the week has just started. But if the bar closes around current prices, there are low chances of seeing sharp moves soon due to the lack of buyers’ and sellers’ strength.
XRP is trading at $2.2593 at press time.
