XRP Price Prediction for February 14

XRP Price Prediction for February 14
Cover image via www.tradingview.com

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Buyers are giving no chances to sellers, according to CoinStats.

XRP chart by CoinStats

XRP/USD

The rate of XRP has increased by 2.15% over the past 24 hours.

Image by TradingView

On the hourly chart, the price of XRP has broken the local resistance level of $0.5328. At the moment, one should pay attention to the daily candle closure. 

If the daily candle closes above it, the growth is likely to continue to the $0.54 zone.

Image by TradingView

Bulls have seized the initiative after yesterday’s bearish bar. If they can hold the initiative, there is a chance to see a resistance breakout and a test of the $0.55-$0.56 area until the end of the week.

Image by TradingView

From the midterm point of view, traders should focus on the weekly bar closure. If it occurs near the interim level of $0.5398, the upward move can continue to the $0.58 mark until the end of the month.

XRP is trading at $0.5372 at press time.

Source: https://u.today/xrp-price-prediction-for-february-14