XRP Price Prediction for April 8
04/08/2025 22:46
Has rate of XRP touched local bottom by now?
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Most of the cryptocurrencies are again in the green zone, according to CoinStats.
XRP/USD
The price of XRP has increased by 0.67% since yesterday.
On the hourly chart, the rate of XRP is falling after a false breakout of the resistance of $1.9730. If sellers' pressure continues, there is a chance to see a test of the $1.85 zone soon.
On the bigger time frame, none of the sides is dominating as the price is far from the key levels. If the daily bar closes around the current prices, sideways trading in the narrow range of $1.85-$2 is the most likely scenario.
From the midterm point of view, the rate of XRP has made a false breakout of the $1.7711 level.
Related
If the candle closes far from it, traders may witness a bounce off to the $2 zone.
XRP is trading at $1.90 at press time.