Does XRP have a chance for a short-term rise? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
XRP is not an exception, going down by 6.50% since yesterday.
On the hourly chart, XRP is trading in the narrow range between the support at $0.3490 and the resistance at $0.3565. The price has tested the upper level several times, but has failed to fix above it.If it succeeds, there is a probability to see a local rise to the $0.36 mark. On the bigger time frame, the rate of XRP has made a false breakout of the support level at $0.3479. While the price is above it, there is a chance for a short-term correction. However, if closure happens near the $0.35 mark, one can expect a drop to the $0.33 zone soon.
XRP is looking bearish on the daily chart against Bitcoin as the price is near the local support level at 0.00002114. In this case, the more likely scenario is a continued downward move to the 0.00002 area.
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