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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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The weekend has started with slight buyer dominance, according to <a href="https://u.today/binance-coin-bnb-price-analysis-for-august-11" rel="noopener noreferrer nofollow">CoinMarketCap's ranking</a>. 
<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="179cf254-ffc3-41df-8dbb-e199700b39dd" src="https://u.today/sites/default/files/inline-images/top10_593.png"> 
Top coins by&nbsp;<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
<h2 id="xrp-usd">XRP/USD</h2> 
The rate of XRP has fallen by 0.36% over the last 24 hours. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="410f22cd-3152-4bb9-af73-6102f147de15" src="https://u.today/sites/default/files/inline-images/xrp1_81.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
The rate of XRP is looking bearish on the local chart as the rate is on the way to test the support level at $0.6280 again. If a breakout happens, the decline may continue to the $0.6250 zone shortly. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="dbe8f373-669a-4659-a066-6c4f67471518" src="https://u.today/sites/default/files/inline-images/xrp2_76.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
The rate of XRP is looking more bearish than bullish on the daily time frame. At the moment, one should pay attention to the interim mark at $0.62. 
If the candle closes below it, the accumulated energy might be enough for a sharp drop to the $0.60 range. 
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="f8a9a2d3-9faf-4d35-b675-d948e90b4992" src="https://u.today/sites/default/files/inline-images/xrp3_69.png"> 
Image by <a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the midterm point of view, traders should focus on the bar's closure. If it happens far from $0.61, buyers might locally seize the initiative, which can lead to a bounce back to the $0.64 area. 
XRP is trading at $0.6288 at press time.

XRP Price Analysis for August 12

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