April

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The correction continues on the cryptocurrency market, according to <a href="https://u.today/doge-price-prediction-for-april-16" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="cf20908c-a271-471c-91f7-4d642cfd6ffd" src="https://u.today/sites/default/files/inline-images/top10_1060.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The rate of XRP has declined by 0.61% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="bbfb6a2b-aad8-47c1-8195-decf99bfb93a" src="https://u.today/sites/default/files/inline-images/xrp1_143.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of XRP keeps falling as it is testing the local support level of $0.4835. If the daily bar closes near this mark or below it, the drop is likely to continue to the $0.48 zone. <img data-entity-type="file" data-entity-uuid="48196ba3-b851-4c7c-86b8-cb61c5d60b1e" src="https://u.today/sites/default/files/inline-images/xrp2_138.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the picture is also bearish. The rise has returned to the level formed by the false breakout.&nbsp;
If buyers cannot seize the initiative, the accumulated energy might be enough for a dump to $0.46. Such a scenario is relevant until the end of the week. <img data-entity-type="file" data-entity-uuid="8e0d2d92-4c96-4c19-94d5-7a30c9e3d837" src="https://u.today/sites/default/files/inline-images/xrp3_132.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the vital zone of $0.50. If the weekly candle closes far from it, there is a high chance to see a test of the $0.40 area until the end of the month.
XRP is trading at $0.4837 at press time.

XRP Price Prediction for April 17

Table of Contents

U_Today

Other articles published on Apr 17, 2024

Ocean Protocol (OCEAN) to Retest This Key Level Before Bullish Trend Resurgence: What To Watch

Parcl Real Estate Betting Withdrawals Hit $74M Post-Airdrop

Why Raboo’s ICO Is the Talk of the Town Among Bitcoin & Ethereum Investors Looking for Fresh Oppo...

Exploring Governmental Constraints on Privacy and the Rise of Secure Communication Technologies

Canada Introduces Stricter Cryptocurrency Reporting Measures in 2024 Budget

Exploring the Dynamics of the Base Ecosystem in the Crypto Market

Join our free newsletter for daily crypto updates!