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XRP Price Prediction for March 19

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Sellers are losing their initiative, according to CoinStats.CoinStats">

XRPUSD

The price of XRP has blasted by 14.62% today.TradingView">

On the hourly chart, the rate of XRP has set a local resistance of $2.59. Most of the daily ATR has been passed, which means there are low chances of seeing sharp moves by tomorrow.TradingView">

On the larger time frame, traders should focus on the bar's closure in terms of the $2.64161 level. 

If it happens around it or above, the accumulated energy might be enougn for a test of the $2.80 mark.TradingView">

A less clear picture can be seen on the weekly chart. The price of XRP is far from support and resistance levels. All in all, ongoing consolidation in the range of $2.40-$2.80 is the most likely scenario by the end of the month.

XRP is trading at $2.5476 at press time.