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According to.. the majority of coins are back in the red zone CoinMarketCap.
Ripple/USD
The price of XRP has fallen by 1.64% in the past 24 hours.
On the hourly chart, XRP price is approaching the local resistance level at $2.1761. If the buyers pressure continues, one can expect a breakout of the level, followed by a move to the $2.20 area.
On the larger time frame, traders should focus on the nearest level at $2.1277.
Related to
If the price returns to it, the accumulated energy could be enough for a sustained downward movement to the $2.05-$2.10 range soon.
From a mid-term perspective, the picture is more bearish than bullish. If the bulls lose the vital $2 area, a test of the $1.50 area is likely over the coming weeks.
XRP is trading at $2,165 at press time.
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