The bulls lost the initiative at the end of the week, according to Coinstats.
XRP/USD
The XRP rate has decreased by 6.77 % over the past 24 hours.
On the hourly chart, the XRP price decreases after the outbreak of local support at a value of $ 2. If the sellers can keep the acquired initiative, there is a test of 1.85 to $ 1.90 soon.
In the larger time frame, the XRP rate broke $ 2. While the price is lower than that sign, traders may witness a continuous decrease to the $ 1.80 sign.
From the mid -time point of view, there are also not reverse signals yet.
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If the XRP price continues to decline, there is a great opportunity to test to support $ 1.77 next week.
XRP is trading at $ 1.9414 at the time of the press.
