XRP Price Prediction for May 10

The market is mainly green at the beginning of the weekend, according to CoinStats.

XRP/USD

The price of XRP has gone up by $0.73 since yesterday.

On the hourly chart, the rate of XRP is far from the support and resistance levels.

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As most of the ATR has been passed, traders are unlikely to witness sharp moves soon.

On the bigger time frame, one should pay attention to yesterday’s bar peak. If the bar closes around it or above, the rise may continue to the $2.50 area shortly.

A similar picture is on the weekly chart. If a breakout of the $2.4751 level happens, the accumulated energy might be enough for a test of the $2.60 mark.

XRP is trading at $2.4139 at press time.