<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The rates of most of the coins have returned to the red zone, according to <a href="https://u.today/doge-price-prediction-for-july-9" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="96db0e18-0968-4fe6-accf-840a4aa60934" src="https://u.today/sites/default/files/inline-images/top10_1226.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 price of XRP has remained the same since yesterday. <img data-entity-type="file" data-entity-uuid="adc8aab9-6c5e-465f-8e03-cd40db588790" src="https://u.today/sites/default/files/inline-images/xrp1_170.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 coming back to the local support level of $0.4320. If the daily bar closes near it, the accumulated energy might be enough for a breakout to the $0.43 zone. <img data-entity-type="file" data-entity-uuid="c11a3a4a-842a-414f-87ec-bc1305a3fd43" src="https://u.today/sites/default/files/inline-images/xrp2_165.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Today's move has not affected the technical position of XRP on the daily time frame. Such a statement is also confirmed by the falling volume, which means none of the sides is ready for a sharp move.
In this case, ongoing sideways trading in the narrow range of $0.43-$0.44 is the more likely scenario. <img data-entity-type="file" data-entity-uuid="833da2ee-2cf1-4caa-98fe-ea330168186e" src="https://u.today/sites/default/files/inline-images/xrp3_160.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 remains bearish as the price keeps trading below the $0.46 zone. In this regard, there is still a chance to expect a further correction to $0.40 level and below.
XRP is trading at $0.4355 at press time.

XRP Price Prediction for July 10

Съдържание

U_Today

Други статии, публикувани на 10.07.2024 г.

MoonBag, The Best Crypto Presale in 2024, Stuns The Investors While Aave and Render Struggle To C...

Flipster Launches Trading Competitions with 150,000 USDT worth of prizes to Celebrate 1st Anniver...

Stocks to Watch Today: AMD and UBER

Biden Adviser Engages with Crypto Leaders in D.C. Roundtable

Agoric Unveils Orchestration for Next-Gen Web3 Applications

Ethereum (ETH) Sets Major Staking Milestone: Details

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!