The market does not seem to be heading towards a correction, according to Coin,,Stats.
#XRPUSDT
The price of $XRP has increased by 2.29% over the past 24 hours.
On the hourly chart, the price may be $XRP
It has established local resistance at $2.2296. As most of the daily trading range has been exceeded, there is little chance of seeing sharp movements by tomorrow.
On the larger time frame, focus should be on the daily candle close concerning the $2.2165 level.
If that happens away from it, sellers may come back into the game, which could lead to a drop to the $2.18 range.
From a medium-term perspective, neither bulls nor bears dominate as the price of $XRP is in the middle of the wide channel, between the support level of $1.7711 and the resistance level of $2.59. In this case, continuous sideways trading around current prices is the most likely scenario.
#XRP is trading at $2.1993 at the time of publication.