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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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The market remains under sellers' pressure, according to <a href="https://u.today/bitcoin-btc-prediction-for-august-15" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="0765391f-fa2f-477d-ac8a-8d7a84c1315a" src="https://u.today/sites/default/files/inline-images/top10_1298.png">XRP chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The price of XRP has declined by 0.58% over the past day. <img data-entity-type="file" data-entity-uuid="fb9d850c-dada-482d-8039-6af4da81c223" src="https://u.today/sites/default/files/inline-images/xrp1_179.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 in the middle of the local channel, between the support of $0.5624 and the resistance of $0.5742.&nbsp;
As neither buyers nor sellers are dominating, ongoing sideways trading is the more likely scenario until the end of the day. <img data-entity-type="file" data-entity-uuid="ecfe9c22-ad14-472d-abef-638ae9d0772d" src="https://u.today/sites/default/files/inline-images/xrp2_175.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should pay attention to the nearest support level of $0.5627. If the price comes back to it, that might be a prerequisite for a breakout, followed by a dump to the $0.55-$0.56 range. <img data-entity-type="file" data-entity-uuid="83d4abc3-12cb-44d6-96b5-a18a78889095" src="https://u.today/sites/default/files/inline-images/xrp3_170.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 situation has not changed much. Currently, traders should focus on the closest zone of $0.60. If it breaks out, growth can lead to the test of the $0.65 area soon.
XRP is trading at $0.5709 at press time.

XRP Prediction for August 15

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