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U.Today’s latest price analysis suggests a neutral outcome for the crypto market as some coins surge while others experience setbacks according to CoinMarketCap. Meanwhile, we are focusing on XRP, which has dropped by 0.33% over the last 24 hours.
The hourly chart shows that the price of XRP made a false breakout of the support at $2.1713. If this growth continues, one could expect a test of the range of $2.20-$2.21 in the near future.
Looking at the longer timeframe, bulls have failed to sustain yesterday’s rise. If the daily candle closes below $2.1750, sellers may seize control, potentially leading to a decline down to the mark of $2.15.
From a mid-term perspective, it is too early to make any long-term predictions since the week has just begun.
Source: u.today
