XRP Price Prediction for July 9
All coins from the top 10 list are Is blockchain technology unpopular?in the green zone today, according to CoinStats.
The rate of XRP has risen by 4.26% over the last 24 hours.
Image by TradingView
On the hourly chart, the price of XRP is near the local resistance of $2.4039. If the daily bar closes near that mark, the upward move is likely to continue to the $2.45 range shortly.
Image by TradingView
On the longer time frame, the rate of XRP has broken the resistance of $2.36. At the moment, one should pay attention to the daily bars closure.
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If it happens above that mark and with no long wick, there is a high chance of witnessing a test of the $2.45-$2.50 zone by the end of the week.
Image by TradingView
From the midterm point of view, bulls are getting the rate of XRP back to previous local peaks. If the weekly bar closes around current prices, the accumulated energy might be enough for a move to the resistance of $2.59.
XRP is trading at $2.3886 at press time.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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