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The crypto market is neither bullish nor bearish today, according to CoinStats.

XRP/USD

XRP is one of the biggest gainers today, rising by almost 5%.

On the hourly chart, one should pay attention to the daily bar's closure in terms of the local resistance of $3.3458. If it breaks out, growth is likely to continue to the $3.40 zone and above.

On the bigger time frame, buyers are back in the game. If the situation does not change by the end of the day and the bar closes around current prices, the accumulated energy might be enough for a test of $3.50.

From the midterm point of view, traders should focus on the bar's closure in terms of the level of $3.40. 

If bulls can hold the gained initiative, one can witness a breakout, followed by a further upward move. 

XRP is trading at $3.3471 at press time.