<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
The majority of the coins seem not to need a correction, according to <a href="https://u.today/doge-price-analysis-for-june-30">CoinMarketCap's ranking</a>.
<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="a58da4c0-ccc6-43a5-95e1-e3b08f14bff7" src="https://u.today/sites/default/files/inline-images/top10_520.png">
Top coins by&nbsp;<a href="https://coinmarketcap.com/">CoinMarketCap</a>
<h2 id="xrp-usd">XRP/USD</h2>
XRP could not follow the list of rising coins, going down by 1.81%.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="e72a1faf-5cb4-4976-9825-e039acd0c437" src="https://u.today/sites/default/files/inline-images/xrp1_69.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
Despite the fall, the price of XRP is looking bullish on the local time frame, as the rate has broken the resistance at $0.4718. If buyers can hold the rate above that mark, the growth is likely to continue to the $0.48 zone tomorrow.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="83c38a52-5122-4c04-a3b4-f3cd0eceddae" src="https://u.today/sites/default/files/inline-images/xrp2_63.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
On the bigger chart, the situation is not so clear as the price remains under sellers' pressure. If bulls want to seize the initiative, they need to restore the rate above the <a href="https://u.today/xrp-price-analysis-for-june-29">$0.50 zone</a>. Only in that case can one expect a possible midterm reversal.
<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="d62ff231-f2cc-45bc-840b-f9d0542af582" src="https://u.today/sites/default/files/inline-images/xrp3_56.png">
Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>
From the midterm point of view, one should focus on the bar closure in terms of the previous candle low at $0.4556. If it happens in the area of $0.48 and above, there is a possibility to see sideways trading in the range of $0.48-$0.50 until mid-July.
XRP is trading at $0.4730 at press time.

XRP Price Analysis for July 1

Table of Contents

U_Today

Další články publikované 1. 7. 2023

Unveiling the Potential of SOL and ARB; Amidst Crypto Market Turbulence

Major FinTech Company Revolut Delists Cardano, Polygon, and Solana

Quant price stagnates, DigiToads presale approaching $6m as TOADS aims to be a top-100 token

Shiba Inu’s Shibarium Beta Version Puppynet Sets Record with 25 Million Transactions

Leancoin Burned Today: 106,734,010.01

Markets Wind Up the Week Slow as Litecoin Dominates

Join our free newsletter for daily crypto updates!