XRP Price Prediction for March 1

Bulls are trying to retrieve the lost initiative at the beginning of the weekend, according to CoinStats.CoinStats">The price of XRP has gone up by 6.42% over the last day.TradingView">On the hourly chart, the rate of XRP is in the middle of the local channel, between the support of $2.1216 and the resistance of $2.2157.As most of the daily ATR has been passed, any sharp moves are unlikely to happen soon.TradingView">On the bigger time frame, the price of XRP is far from the main levels. In this case, one should focus on the interim zone of $2.10. If a breakout happens, traders may witness a test of the $2 mark shortly.TradingView">From the midterm point of view, the rate is approaching the support of $1.8991. If the weekly bar closes around it, the accumulated energy might be enough for an ongoing decline to the $1.60 zone.XRP is trading at $2.1651 at press time.