Some coins from the top 10 list are bouncing off, according to CoinMarketCap.
![](https://cnews24.ru/uploads/9d9/9d9963b7c200f604d45b5b4b4863a1978792a934.png)
XRP/USD
The rate of XRP has fallen by 0.07% over the last 24 hours.
![](https://cnews24.ru/uploads/de7/de762e9ee643b9977bfbbe029edf280cd052c5b8.png)
Despite today’s slight drop, the price of XRP is rising after a false breakout of the local support level of $0.4706. If buyers can hold the gained initiative, the upward move may lead to the test of the resistance of $0.4774 by tomorrow.
![](https://cnews24.ru/uploads/da0/da0b66ccc9a8109ec01c857715a376153975d9a4.png)
On the bigger time frame, the situation is unchanged from the technical point of view.
If the daily bar closes around the current prices, sideways trading in the area of $0.47-$0.49 remains the more likely scenario for the next few days.
![](https://cnews24.ru/uploads/864/864aad1ed863ad576649d20cc9a32bfab74641ce.png)
On the weekly chart, the picture is bearish; however, one should focus on the candle’s closure. If it happens far from the bar’s low, there is a possibility of seeing a bounce back to the $0.48-$0.49 zone.
XRP is trading at $0.4745 at press time.