XRP Price Prediction for August 15
Main Idea
The XRP price is currently trading within a narrow range, with potential for a decline to $2.90 if it breaks below the $3 support level, while sideways trading between $3 and $3.30 remains a likely scenario.
Key Points
1. XRP's price increased by 0.54% over the last 24 hours, trading at $3.111 at press time.
2. On the hourly chart, XRP is between the support of $3.0722 and resistance of $3.1427.
3. A breakout below the $3 support could lead to a test of the $2.90 area.
4. Midterm analysis suggests neither bulls nor bears are dominating, with sideways trading between $3 and $3.30 being more probable.
5. Longer time frames show XRP's rate remains within yesterday's price range.
Description
Can traders expect decline from XRP to $3 area soon?
$XRP
$3.0043
-3.59%
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