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Markets

Prediction at XRP on May 11

The market remains mainly optimistic at the end of the week, however, there are some exceptions, according to Coinmarketca.

Top currencies before Coinmarketcap

XRP/USD

The price of XRP has decreased by approximately 2 % over the past 24 hours.

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On the hourly chart, the XRP rate is diligent because it is located near the 2.3416 domestic support. If the daily tape is closed around the current prices, the penetration may lead to a $ 2.32 area.

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In the larger time frame, the price of XRP has made a false outbreak of the peak of the bar of 2.477 dollars.

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If the bulls are not able to seize the initiative, the decrease may lead to a 2.30 -dollar region test next week.

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From the mid -time point of view, no from both sides is dominated because the price of XRP is far from the main levels. Thus, the size remains low. In this case, the ongoing side trading around the current prices is the most likely scenario.

XRP is trading at $ 2.3694 at the time of the press.

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