The end of the week is bullish for the crypto market, according to CoinStats.
XRP/USD
The price of XRP has gone up by almost 1% over the last 24 hours.
On the hourly chart, the rate of XRP is going down after a false breakout of the local resistance of $3.0675. If bulls lose the $3 zone, traders may see a test of the $2.94 area shortly.
On the bigger time frame, the picture is also more bearish than bullish. If the daily candle closes below the $2.9403 level, the accumulated energy might be enough for a move to the $2.90 mark.
From the midterm point of view, neither side is dominating as the rate of XRP is far from the support and resistance levels.
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The volume is low, which means sideways trading around the current prices is the more likely scenario.
XRP is trading at $2.9986 at press time.
Source: https://u.today/xrp-price-prediction-for-october-5-0