<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Bulls are back in the game, according to <a href="https://u.today/doge-price-prediction-for-may-3" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="ceb759e0-4234-44e0-9efb-ff7113018b2b" src="https://u.today/sites/default/files/inline-images/top10_1093.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 gone up by 1.55% since yesterday. <img data-entity-type="file" data-entity-uuid="f6e93ecc-f2a7-435c-9ca5-1f8999152511" src="https://u.today/sites/default/files/inline-images/xrp1_150.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 might have set a local support level of $0.5150. At the moment, it is approaching the resistance of $0.5265. If the daily bar closes near that mark, there is a chance to see a breakout to $0.53. <img data-entity-type="file" data-entity-uuid="2d0a88aa-1c8a-43a7-bc74-b013aefdc608" src="https://u.today/sites/default/files/inline-images/xrp23.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, one should pay attention to the candle closure in terms of the level of $0.5248.&nbsp;
If it happens near it or above, buyers may seize the initiative, which can lead to a test of the $0.53-$0.54 zone next week. <img data-entity-type="file" data-entity-uuid="8e18afe8-5bab-4acb-a087-6b27d6cd8f83" src="https://u.today/sites/default/files/inline-images/xrp3_139.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger chart, the rate of XRP is far from the main levels, which means neither bulls nor bears are dominating. In this case, ongoing sideways trading between $0.52 and $0.54 is the more likely scenario.
XRP is trading at $0.5238 at press time.

XRP Price Prediction for May 3

Indice dei contenuti

U_Today

Altri articoli pubblicati su 3 mag 2024

Venture capital pours $2.4B into crypto startups in early 2024

Betting on Solana and ‘doggie coins?’ Here’s why this exec backs that idea

Fantom Foundation Launches $6.5 Million Prize Pool to Incentivize “Safer Meme Coins”

Penguiana Joins Forces with TheCoinrise for a Game-Changing Marketing Partnership

Solana price rises 12% as new SOL presale attracts investor attention

Trading Expert Who Flipped $10,000 Into $500,000 Trading Dogwifhat (WIF) in Q1 2024 Has Accumulat...

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!