Most of the coins are under bears’ pressure, according to CoinStats.
XRP/USD
The price of XRP has declined by 2.42% over the last day.
On the hourly chart, the rate of XRP is breaking the local support of $2.1318. If the daily bar closes far from that level, the correction is likely to continue to the $2.10 zone.
On the bigger time frame, there are also no reversal signals yet.
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If the candle closes around the current prices or below, the accumulated energy might be enough for a test of the vital $2 range soon.
From the midterm point of view, it is too early to make any distant predictions. If bulls lose the $2.10 area, there is a chance to see a test of the $1.90-$2 zone shortly.
XRP is trading at $2.1280 at press time.
