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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Bulls are not giving up so easily, according to <a href="https://u.today/shib-prediction-for-august-7" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="cdefd25c-66e5-448b-9e68-89dddcecbab6" src="https://u.today/sites/default/files/inline-images/top10_1283.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>
XRP has gained a lot of value today, rocketing by 20%. <img data-entity-type="file" data-entity-uuid="e7b64979-b1b8-4c64-b6bc-7dd39dca44cc" src="https://u.today/sites/default/files/inline-images/xrp1_178.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of XRP is returning to the local resistance level of $0.6240.
If the daily bar closes near it, there is a chance of a breakout followed by a move to the $0.65 area. <img data-entity-type="file" data-entity-uuid="297d32e1-a560-4b27-88f6-86cbea3b98e6" src="https://u.today/sites/default/files/inline-images/xrp2_173.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, one should focus on the nearest level of $0.6374. If a breakout happens, the accumulated energy might be enough for continued growth to the vital zone of $0.70. <img data-entity-type="file" data-entity-uuid="222b1457-aedb-46f2-afc1-13c309fb39e8" src="https://u.today/sites/default/files/inline-images/xrp3_168.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the picture is less positive. However, if the weekly bar closes around the interim level of $0.65, traders may witness an ongoing rise to the resistance of $0.7329 by the end of the month.
XRP is trading at $0.6120 at press time.

XRP Prediction for August 8

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