XRP Price Prediction for September 28

The prices of most of the coins keep falling at the end of the week, according to CoinStats.

XRP/USD

The rate of XRP has gone down by 0.32% since yesterday.

On the hourly chart, the price of XRP has made a false breakout of the local support of $2.7711. However, if buyers’ pressure continues and the daily bar closes around that mark, one can expect an ongoing decline to the $2.76 zone.

On the bigger time frame, bulls have failed to maintain the rise after yesterday’s bar closure.

If the candle closes around the current prices or below, traders may witness a test of the support of $2.69975 shortly.

From the midterm point of view, one should pay attention to the weekly bar closure in terms of the $2.6975 level. If a breakout happens, the accumulated energy might be enough for a move to the $2.50-$2.60 range.

XRP is trading at $2.7697 at press time.