u.today
Buyers are trying to seize the initiative as the rates of all the top 10 coins are rising.
XRP/USD
The price of XRP has risen by almost 2% over the past 24 hours.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/aa1/aa17463ef6e332d6ba700816bcf656abef97f369.png" size="2698x1318">
On the hourly time frame, the growth of XRP stopped at the recently formed resistance at $0.34569. However, a drop has not happened, which means that buyers are accumulating power for a further move.
If a breakout occurs, the impulse could be enough to reach the $0.35 mark.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/123/12320f8f15d29be2a167ac59a45070d931e5d84c.png" size="2698x1318">
On the daily chart, the rate is about to close above the support at $0.4360. If that happens, the upward move may continue to the next resistance zone at $0.2550.
XRP/BTC chart by TradingView" src="https://cnews24.ru/uploads/9a6/9a6a51b422bacdcb440387b9186ca778fa00d960.png" size="2698x1318">
A similar situation is on the daily time frame against Bitcoin (BTC). The price has made a false breakout of the support at 0.00001951. If closure happens near the 0.00002084 mark, bulls could seize the initiative and keep up the rise to 0.00002137.
XRP is trading at $0.3465 at press time.