XRP Price Prediction for May 27
An ongoing upward move remains the most likely scenario, according to CoinStats.
XRP/USD
The price of XRP has increased by 0.39% over the last day.
On the hourly chart, the rate of XRP is on its way to the local resistance of $2.3543.
If growth continues, one can expect a level breakout, followed by further rise to the $2.40 zone.
On the bigger time frame, the price of XRP has bounced off the support of $2.2660. If the daily bar closes near resistance, traders may witness a test of the $2.45 area.
From the midterm point of view, the rate of the altcoin is far from key levels. In this case, there are low chances of seeing sharp ups or down soon.
XRP is trading at $2.3316 at press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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