Bulls are still in control heading into the weekend, according to Coin,,Marke,,tCap.
XRP/USD
The price has risen $XRP
by 5.46% over the past 24 hours.
On the hourly chart, the price $XRP is approaching the local resistance level at $2.5985.
If the bulls can maintain the gained initiative until the end of the day, a breakout could test the $2.60 area by tomorrow.
On the longer time frame, there are no reversal signals yet. If the candle closes near the peak of the bar, a test of the $2.6549 resistance can be expected by the end of the week.
From a medium-term perspective, the price $XRP is testing the $2.59 level. For now, traders should pay attention to the weekly bar close. If it occurs above resistance and without a long wick, the accumulated momentum may be enough to move towards the $2.70-$2.80 range.
XRP is trading at $2.5856 at the time of publication. #BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #FOMCWatch