XRP is currently at spot #3 in terms of total market capitalization.
At the time of writing, XRP price is currently sitting at $0.31. XRP is clearly showing the most positive signs of the top 5 coins we cover daily (BTC/ETH/BCH/LTC/XRP). Although falling to a significant low on August 14th, over the past 3 days it has formed dynamic uptrend similar to its peers, and has tested the resistance level of $0.30 twice, however it did manage to break upwards on its third attempt and stay above that level, which is something that its peers have failed to do.
Now that is has breached the $0.30 level, the next short-term levels we'd monitor for XRP are $0.32 and $0.35. So far it has tested $0.32 once and got rejected, so we'll see how this plays out.
On the downside, however, we'd look at XRP to monitor if it dips below $0.30 again, after that $0.28 and finally $0.25.
On the daily chart for XRP, technical indicators give a bearish outlook (14 sell, 10 neutral, 2 buy)
On the weekly chart for XRP, technical indicators give a slightly better but still bearish outlook (13 sell, 5 neutral, 4 buy)
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