XRP Price Analysis for July 23 – Crypto News – Crypto News
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XRP Price Analysis for July 23 XRP Price Analysis for July 23

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XRP Price Analysis for July 23 – Crypto News

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On the last day of the week, the cryptocurrency market is mostly trading sideways.

Top coins by CoinMarketCap

XRP/USD

The price of XRP has declined by 4% since yesterday.

XRP/USD chart by TradingView

Image by TradingView

Despite today’s decline, the rate of XRP is trying to reach the local resistance level at $0.7455. If buyers can hold the initiative till the end of the day, there is a chance to see a bounce back to the $0.76 area.

XRP/USD chart by TradingView

Image by TradingView

On the daily time frame, the situation remains unclear as the rate is far from the key levels.

However, if buyers lose the important zone of $0.70, the drop may continue to the nearest support shortly.

XRP/USD chart by TradingView

Image by TradingView

On the bigger chart, the price failed to keep rising, and there is a high chance to see a local correction. If the rate does not return to the $0.80 area soon, traders may expect a test of the support at $0.6570 soon.

XRP is trading at $0.7386 at press time.

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