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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Coins have returned to the red zone, according to <a href="https://u.today/bitcoin-btc-prediction-for-august-21" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="90074bfd-6b2d-4332-9289-f30c9e68436c" src="https://u.today/sites/default/files/inline-images/top10_1308.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 dropped by 1.4% since yesterday. <img data-entity-type="file" data-entity-uuid="ad914751-51b5-4415-8084-1f634467cb66" src="https://u.today/sites/default/files/inline-images/xrp1_180.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 has made a false breakout of the local support level of $0.5924. If the daily bar closes far from it, traders may expect a test of the resisance of $0.6010 soon. <img data-entity-type="file" data-entity-uuid="d6fe9828-1f72-4193-9b19-72802826beab" src="https://u.today/sites/default/files/inline-images/xrp2_176.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, neither bulls nor bears are dominating. If buyers want to seize the initiative, they need to restore the price of XRP to at least the $0.61 area.&nbsp;
In that case, there might be a chance for a continued upward move to the $0.62-$0.64 range. <img data-entity-type="file" data-entity-uuid="47592f91-aea9-42ca-919c-17bede810e17" src="https://u.today/sites/default/files/inline-images/xrp3_171.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, sideways trading remains the more likely scenario. In this regard, ongoing consolidation in the wide zone of $0.55-$0.65 is the more likely scenario.
XRP is trading at $0.5932 at press time.

XRP Prediction for August 21

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