u.today
Buyers have failed to maintain the market growth at the end of the week, according to CoinStats.
$XRP/USD
The rate of $XRP has dropped by 2% since yesterday. Over the last week, the price has fallen by 3.95%.
Despite today's fall, the price of $XRP keeps looking bearish on the hourly chart. If nothing changes by the end of the day, the decline is likely to continue to the $2.05 range.
On the bigger time frame, bulls could not maintain the rise after yesterday's bullish candle closure.
If the bar closes below $2.10, there is a possibility of an ongoing correction to the vital $2 area.
On the weekly chart, a further drop also remains the more likely scenario. If the rate fixes below $1.90, traders may expect a test of the $1.70-$1.80 range soon.
$XRP is trading at $2.09 at press time.