XRP Price Outlook: Predictions for May 10

The cryptocurrency market started the weekend with a positive trend, according to CoinStats. On the XRP/USD pair, we’re seeing price gains of $0.73 since yesterday. While on the hourly chart, the XRP rate is not close to support and resistance levels. It appears that recent market activity has exhausted a lot of its energy, making for limited potential for immediate sharp price changes. Analysts are focusing on the weekly chart, where a significant breakout above the $2.4751 level could potentially lead to a test of the $2.60 mark. XRP currently trades at $2.4139 as of press time, based on data from UToday.