Most of the coins are under bears’ pressure, according to CoinStats.

XRP/USD

The price of XRP has declined by 2.42% over the last day.

On the hourly chart, the rate of XRP is breaking the local support of $2.1318. If the daily bar closes far from that level, the correction is likely to continue to the $2.10 zone.

On the bigger time frame, there are also no reversal signals yet.

If the candle closes around the current prices or below, the accumulated energy might be enough for a test of the vital $2 range soon.

From the midterm point of view, it is too early to make any distant predictions. If bulls lose the $2.10 area, there is a chance to see a test of the $1.90-$2 zone shortly.

XRP is trading at $2.1280 at press time.