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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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The <a href="https://u.today/btc-eth-xrp-doge-and-shib-price-analysis-for-august-7" rel="noopener noreferrer nofollow">correction</a> might have ended as coins are back to the green area. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="5676c83b-6851-4a96-91d2-4eefba5a722b" src="https://u.today/sites/default/files/inline-images/top10_586.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="xrp-usd">XRP/USD</h2> 
The rate of XRP has risen by 2.11% over the last 24 hours. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="27465d50-8df0-49b5-87ed-a726341abb40" src="https://u.today/sites/default/files/inline-images/xrp_312.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite today's rise, the rate of XRP remains looking bullish as the price is again testing the resistance at $0.6288. If a breakout happens, the upward move may continue to the $0.64 zone soon. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="c1d393ee-9c2f-417f-9c1b-281728dadbb8" src="https://u.today/sites/default/files/inline-images/xrp2_74.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily time frame, the rate of XRP keeps rising after a false breakout of the support at $0.61. If today's candle closes with no long wick, there is a chance of seeing a local rise to the <a href="https://u.today/xrp-price-analysis-for-august-6" rel="noopener noreferrer nofollow">$0.64-$0.65 area</a> until mid-August. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="6ea5068c-98e2-4cde-95ee-a582c095a300" src="https://u.today/sites/default/files/inline-images/xrp3_67.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
A similar picture can be seen on the weekly chart; however, traders should focus on the bar's closure. If it happens far from $0.61, one can expect a bounce back to the $0.68 mark by the end of the month. 
XRP is trading at $0.6277 at press time.

XRP Price Analysis for August 8

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