$BNB

The bulls are still stronger than the bears at the beginning of the week, according to CoinMarketCap.

XRP/USD

The price of XRP has increased by 3.18% over the past 24 hours.

On the hourly chart, the price of XRP made a false breakout of the local resistance at the level of $2.4783. Since most of the daily ATR has passed, the chances of seeing sharp movements by tomorrow are low.

On the longer time frame, the outlook is also bullish. Traders should focus on the closing of the daily candle from the nearest level at $2.4665.

If a breakout occurs, the accumulated energy may be enough to test the range of $2.60-$2.70.

From a medium-term perspective, it is too early to make any long-term forecasts. The volume is still low, which means that sideways trading around current prices is the most likely scenario until the end of the month.

XRP is trading at a price of $2.46 at the time of writing this report.