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The XRP price has experienced a decline of approximately 4% since yesterday, according to recent market trends. The hourly chart displays the cryptocurrency’s upward movement after a false breakout below the local support of $2.0433. If the buying pressure continues and the daily bar closes near the resistance level, we may see a surge to the $2.15 zone by tomorrow.
On the higher timeframe, neither bulls nor bears have taken control. The falling volume confirms this fact. For buyers to take the initiative, they must push the price above the $2.20 mark.
In the short term, traders might witness a resistance breakout if the situation unfolds as predicted. As of press time, XRP is trading at $2.0815.
**XRP Price Prediction for April 16**
As of now, there are low chances of experiencing sharp movements in the near future due to the price’s position within the previous candle.
Source: https://u.today/xrp-price-prediction-for-april-16
