XRP Price Prediction for November 29
11/29/2024 22:17
Can rate of XRP reach $2 mark this week?
Original U.Today article
Can rate of XRP reach $2 mark this week?
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Most of the coins remain in the green zone, according to CoinMarketCap.
XRP/USD
XRP is the biggest gainer today, rocketing by 15.59%.
The price of XRP is rising after the breakout of the local resistance of $1.6462. If the daily bar closes far from that mark, the upward move is likely to continue to the $1.80 zone.
On the bigger time frame, the rate of XRP has broken the nearest level of $1.63.
Related
If the bar closes with no long wick, the energy might be enough for a test of the $1.80-$1.90 area until the end of the week.
A similar situation can be seen on the weekly chart. If the candle closes near $1.80, there is a possibility to see a test of the vital zone of $2. Such a scenario is relevant until the end of the year.
XRP is trading at $1.73 at press time.
About the author
Denys Serhiichuk
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].
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