The beginning of June is more bearish than bullish, $XRP
#XRP/USD
The price $XRP has decreased.
by 1% over the past day.
On the hourly chart, the price $XRP is rising after establishing local support at $2.1231. If buyer pressure continues, continuous upward movement towards resistance can be expected by tomorrow.
On the larger time frame, neither side is dominant as the price #XRP is trading within yesterday's candle. Since most of the true daily range has been exceeded, sharp movements are unlikely.
From a medium-term perspective, there are no reversal signals yet.
If the weekly candle closes around the current prices, there is a possibility of seeing a test of the $2 area soon.
XRP is trading at $2.1718 at the time of publication.
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