Advertisement
AD

Main navigation

XRP and BNB Price Analysis for November 7

Advertisement
Mon, 7/11/2022 - 22:00
XRP and BNB Price Analysis for November 7
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Most of the coins could not start the week with a rise.

Advertisement

Top coins by CoinMarketCap

XRP/USD

The rate of XRP has declined by 3.30% over the last 24 hours.

XRP/USD chart by TradingView

On the daily chart, XRP has come back to the bearish trend as the rate is below the $0.48211 mark. At the moment, one needs to pay close attention to the $0.46 level. If the price comes back to it, the accumulated energy might be enough for a move to the support level at $0.4380.

Related
DOGE and SHIB Price Analysis for November 6

Such a scenario is relevant until the end of the week.

XRP is trading at $0.4714 at press time.

BNB/USD

Binance Coin is a much bigger loser than XRP, going down by 6%.

BNB/USD chart by TradingView

From the technical point of view, Binance Coin (BNB) is trading similarly to XRP as the price has also returned to the bearish area. If the rate does not come back to the $336 mark shortly, the fall may continue to the $310 zone very soon.

BNB is trading at $328.3 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD