Some coins have returned to the green zone, according to CoinStats.XRP chart by CoinStatsXRP/USDThe rate of XRP has declined by 0.68% over the last
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XRP Price Prediction for July 2
Some coins have returned to the green zone, according to CoinStats.
XRP chart by CoinStatsXRP/USD
The rate of XRP has declined by 0.68% over the last day.
Image by TradingView
On the hourly chart, the price of XRP is going down after a false breakout of the local resistance of $2.1976. If the fall continues, traders may witness a test of the $2.16 zone by tomorrow.
Image by TradingView
On the longer time frame, the rate of XRP is within yesterdays daily candle. As the price is far from main levels, one should focus on the interim zone of $2.16.
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If it breaks out, one may witness an ongoing correction to the $2.10-$2.15 range.
Image by TradingView
From the midterm point of view, the current weekly bar is rather bearish. If the closure happens with a long wick, there are low chances to see a bounce back over the next few weeks.
XRP is trading at $2.1765 at press time.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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