XRP Price Analysis for January 5 - U.Today

XRP-1.15%

The prices of most of the coins keep trading in the green zone, according to CoinMarketCap.

Article imageTop coins by CoinMarketCap## XRP/USD

The rate of XRP has risen by 2.74% over the last 24 hours.

Article imageImage by TradingViewOn the hourly chart, the price of XRP has bounced off the local support at $2.1122. If the candle closes near the resistance of $2.1665 or above, the growth may continue to the $2.20 area tomorrow.

Article imageImage by TradingViewOn the bigger time frame, there are no reversal signals so far. In this case, traders should pay attention to the bar closure in terms of its peak.

If it happens around the current prices, there is a chance to see an ongoing upward move to the $2.20-$2.30 range by the end of the week.

Article imageImage by TradingViewFrom the midterm point of view, the situation is similar. The rate of XRP is going up after the previous bullish bar closure. However, buyers might need more time to accumulate energy for a further move. In this regard, sideways trading in the zone of $2.10-$2.30 is the more likely scenario.

XRP is trading at $2.1490 at press time.

免責聲明:本頁面資訊可能來自第三方,不代表 Gate 的觀點或意見。頁面顯示的內容僅供參考,不構成任何財務、投資或法律建議。Gate 對資訊的準確性、完整性不作保證,對因使用本資訊而產生的任何損失不承擔責任。虛擬資產投資屬高風險行為,價格波動劇烈,您可能損失全部投資本金。請充分了解相關風險,並根據自身財務狀況和風險承受能力謹慎決策。具體內容詳見聲明

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