bullish

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Sellers are keeping their pressure, according to <a href="https://u.today/solana-sol-prediction-for-august-27" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="e1ca80bb-b22c-4396-93ef-e574cdae37f4" src="https://u.today/sites/default/files/inline-images/top10_1323.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 gone down by 3.46% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="577c0b0b-65a5-42c6-b268-c73bf2e6b776" src="https://u.today/sites/default/files/inline-images/xrp1_182.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 is in the middle of a local channel. As most of the daily ATR has been passed, there are low chances to expect any sharp moves by tomorrow. <img data-entity-type="file" data-entity-uuid="90565fd8-fdca-4ea7-9c9e-cb966ea89422" src="https://u.today/sites/default/files/inline-images/xro2.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the picture is rather more bearish than bullish as the rate of XRP is closer to the support level than to the resistance.&nbsp;
If the drop continues, the accumulated energy might be enough for a move to the $0.52 zone. <img data-entity-type="file" data-entity-uuid="9b180b4e-8e51-4fa2-b159-0b79ba80c89c" src="https://u.today/sites/default/files/inline-images/xrp3_173.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, none of the sides is dominating. In this case, ongoing sideways trading in the range of $0.55-$0.65 is the more likely scenario for the next few weeks.
XRP is trading at $0.5735 at press time.

XRP Prediction for August 28

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