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XRP Price Analysis for November 24

Thu, 11/24/2022 - 21:30
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Denys Serhiichuk
Has XRP accumulated enough power for breakout of resistance?
XRP Price Analysis for November 24
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Buyers are trying to seize the initiative, according to the CoinMarketCap ranking.

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XRP has followed the rise of Bitcoin (BTC), going up by 2.40%.


XRP has started to rise after the false breakout of the support level at $0.3763. Thus, the rate has broken the resistance at $0.3837, which means that bulls might keep the rise going tomorrow.


On the daily chart, XRP is slowly approaching the resistance level at $0.4015. At the moment, one should pay attention to the closure.

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If the bar fixes above the $0.40 mark, the altcoin might accumulate enough power for a midterm upward move.


A similar situation cannot be seen on the chart against Bitcoin (BTC) as XRP is rising faster than the main crypto. If the growth continues to the BTC 0.000024 area, the breakout of the resistance at BTC 0.00002467 might happen soon.

XRP is trading at $0.3863 at press time.

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About the author

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