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Some coins from the top 10 list are bouncing back, while others keep falling, according to CoinStats.

XRP/USD

The price of XRP has risen by 1.1% since yesterday.

 

On the hourly chart, the rate of XRP has broken the local resistance level of $0.4802. If the daily bar closes above it, the rise may continue to the $0.49 zone tomorrow.

 

On the bigger time frame, one should pay attention to the previous candle high as the price is far from key levels.

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If buyers can hold the gained initiative, the upward move may lead to the test of a $0.49-$0.50 zone soon.

 

From the midterm point of view, neither bulls nor nears are dominating. However, until the price is below the vital $0.50 mark, there is still a chance to see one more correction wave.

XRP is trading at $0.4826 at press time.

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