The rates of the majority of the coins keep rising today, according to CoinStats.
XRP/USD
The price of XRP is almost unchanged since yesterday.
On the hourly chart, the rate of XRP has fixed above the local level of $2.9684. If bulls can hold the initiative and the daily bar closes above that mark, the rise is likely to continue to $3.
On the longer time frame, the situation is less bullish. The price is far from the main levels, which means there are low chances of seeing increased volatility.
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In this regard, the consolidation in the zone of $2.90-$3.10 is the more likely scenario.
From the midterm point of view, one should focus on the interim level of $2.80. If its breakout happens, the decline may lead to the test of the $2.60 mark soon.
XRP is trading at $2.9779 at press time.
