u.today
Bears are not going to give up so easily, according to the CoinMarketCap ranking.
XRP/USD
The rate of XRP has declined by 1.91% over the last 24 hours.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/798/79877186e5e02e6f62534ecd44f7cc5ce680c873.png" size="1818x848">
On the hourly chart, the price of XRP has bounced off the recently formed support at $0.3603. At the moment, one should pay attention to the closure.
If it happens near the middle of the channel, there is a possibility of seeing further growth to the resistance at $0.3667 tomorrow.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/3b5/3b5f429a10411d6551c61219423a65b6a57a02ec.png" size="1818x848">
On the daily time frame, the situation remains bearish as the rate keeps trading near the level of $0.3546. If buyers want to seize the initiative, they need to restore the price to the $0.40 zone. In another case, traders might see a sharp drop below the mentioned support shortly.
XRP/USD chart by TradingView" src="https://cnews24.ru/uploads/ced/ced61fb55b5e1df092166271082851bbc8c24411.png" size="1818x848">
On the weekly chart, the price has once again made a false breakout of the support at $0.3546. Until the rate is above that point, there is a chance to see a bounce back. In this case, the local rise may lead to the test of the $0.37-$0.38 zone soon.
XRP is trading at $0.3628 at press time.