u.today
The market might not have found the overbought zone as the prices of most of the coins keep rising.
XRP/USD
XRP is growing much faster than other coins, going up by 1.56% over the last 24 hours.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/2ce/2cedaddf926620ddf912e1d16672f6548c260e32.png" size="1809x889">
On the local chart, the price of XRP has bounced off the support at $0.37 against the declining volume. If the correction continues to the middle of the channel by the end of the day, traders can see the rate near the resistance tomorrow.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/dc4/dc44f992ad8a9a35c9cd4c8a1a883ae3d3dd4c18.png" size="1809x889">
On the daily chart, the situation is less positive. The price of XRP has once again made a false breakout of the resistance at $0.3780.
If buyers cannot seize the initiative shortly, the correction may lead to the test of the $0.37 area by the end of the week.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/032/0324f565f34f62a43222738f4c3861aaeca3318e.png" size="1809x889">
On the weekly time frame, the level of $0.3730 is of high importance for XRP. If the bar closes above it, the rise can continue to the resistance zone around $0.40 by the end of the month.
XRP is trading at $0.3737 at press time.