Most of the Coins Are Growing Today

According to CoinStats, most of the coins are experiencing growth today.

XRP/USD

The price of XRP has risen by 6.65% over the last 24 hours.

On the hourly chart, XRP has made a false breakout of the local resistance at $2.3428. However, if the daily bar closes around that mark, we can expect a test of the $2.40 area shortly.

On the larger time frame, the price of XRP is currently far from key levels.

If there is no change by the end of the day, ongoing sideways trading in the narrow range of $2.20-$2.40 is the most likely scenario.

From a midterm perspective, focus on the vital $2 zone. If selling pressure continues and the candle closes below this mark, it may lead to a decline to the $1.50 level.

XRP is trading at $2.2815 at press time.