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The correction might have ended as coins are back to the green area.
Top coins by CoinMarketCap
The rate of XRP has risen by 2.11% over the last 24 hours.
Image by TradingView
Despite today's rise, the rate of XRP remains looking bullish as the price is again testing the resistance at $0.6288. If a breakout happens, the upward move may continue to the $0.64 zone soon.
Image by TradingView
On the daily time frame, the rate of XRP keeps rising after a false breakout of the support at $0.61. If today's candle closes with no long wick, there is a chance of seeing a local rise to the $0.64-$0.65 area until mid-August.
Image by TradingView
A similar picture can be seen on the weekly chart; however, traders should focus on the bar's closure. If it happens far from $0.61, one can expect a bounce back to the $0.68 mark by the end of the month.
XRP is trading at $0.6277 at press time.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.
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