Analyzing XRP Price Outlook: August 24 Prediction

The cryptocurrency market shows no clear direction as we approach the end of the week, according to CoinMarketCap. As of August 24th, XRP has experienced a slight increase in value of 0.19% since yesterday, but is down approximately 3.38% over the past seven days. The price on the hourly chart is hovering near its local support level of $3.0029. If no significant bounce back occurs by the end of today, XRP could see a breakout to the $2.98 area, followed by further correction.