According to CoinStats, most coins have undergone a correction.
XRP/USD
The price of XRP fell by 3.6%.
On the hourly chart, the price of XRP is trading below local support at $0.5696. While the price is below the above-mentioned level, tomorrow the fall may continue to the level of $0.56.
There are no reversal signals on the higher timeframe yet. If the daily candle closes near its low, there is a chance of seeing a continued decline into the $0.55-$0.56 zone by the end of the week.
In the medium term, the picture remains unchanged. Neither buyers nor sellers have yet seized the initiative. The declining volume confirms this statement.
In this regard, the most likely scenario is the continuation of sideways trading in the area of $0.52-$0.60.
At the time of publication, XRP is trading at $0.5687.
