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Markets

Predicting at XRP on February 28

The market may not find a local bottom yet, according to Coinstats.

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XRP graph by Coinstats

XRP/USD

The price of XRP decreased by 5.77 % during the last day.

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Image by Tradingvief

On the hourly chart, the XRP rate rises after a false outbreak of the support level of $ 1.9828. If buyers continue to pressure, traders may witness the resistance test soon.

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Image by Tradingvief

In the larger time frame, the XRP price is out of the main levels. In this case, there are low opportunities to see sharp movements soon.

Related

Doug's price prediction on February 27

In general, side trading is within $ 2 to $ 2.30 is the most likely.

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Image by Tradingvief

From the mid -term point of view, the XRP rate is due to the support level of $ 1.90. If erupted, one can expect a 1.50 dollar sign to test.

XRP is trading at $ 2.1069 at the time of the press.

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