According to CoinMarketCap, sellers are dominating the cryptocurrency market on the last day of the week. The price of XRP has seen a decline of 1.50% in the past 24 hours. On the hourly chart, XRP is currently in a narrow channel between the support level of $0.4977 and the resistance level of $0.5111. With most of the Average True Range (ATR) already passed, significant price movements are not expected today. On the daily time frame, XRP is approaching the support level of $0.4877. If this level is not held, there is a possibility of a breakout and a move towards the $0.48 zone. In the midterm, XRP is still far from key levels, but if the weekly closing price falls below $0.49, there is a chance of a test of the $0.44 area. At the time of writing, XRP is trading at $0.5039.



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