Can the price of XRP stay above the $0.50 mark? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
XRP has followed the decline of other coins, falling by 2.39%.
On the hourly chart, the price of XRP has found the local support at $0.5017. If bulls can hold the price above that mark until the end of the day, the growth may continue to the resistance at $0.51 tomorrow. On the daily time frame, the situation is rather more bearish than bullish. At the moment, traders should pay attention to the important zone of $0.50.If closure happens below it, the accumulated energy should be enough for a fall to the support level at $0.4824.
On the weekly chart, it is too early to make any predictions as the candle is far away from closure. However, if the bar does not close above the previous peak at $0.5269, there is a chance to see a decline to the $0.46 area by the end of the month.
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