Main navigation

XRP Price Analysis for November 26

Advertisement
Sun, 26/11/2023 - 17:55
XRP Price Analysis for November 26
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

Bulls could not hold the initiative until the end of the week, according to CoinStats.

Article image
XRP chart by CoinStats

XRP/USD

The rate of XRP has risen by 1.25% over the last 24 hours.

Article image
Image by TradingView

On the hourly chart, the price of XRP has made a false breakout of the local resistance at $0.6362. If the decline continues, there is a high chance of a further drop to the support level.

Article image
Image by TradingView

On the bigger time frame, neither side has seized the initiative yet. Thus, the volume remains low, which means that ongoing sideways trading is the more likely scenario.

Related

All in all, traders may expect consolidation in the range of $0.60-$0.64 within the next days.

Article image
Image by TradingView

From the midterm point of view, the rate of XRP has made a false breakout of the previous bar low. If the candle closes far from that mark, the rise may continue to the $0.70 area by mid-December.

XRP is trading at $0.6271 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

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

Popular articles

Advertisement
AD