CandleFocus XRP Price Prediction For November 20
2024-11-20
Author: Content Editor
The XRP cryptocurrency is currently trading within a sideways triangle pattern, but there is potential for a bullish move if it can break above the key resistance level of $2. XRP is currently in a support zone between $0.98 and $1.65, with resistance levels at $1.67 and $2. If XRP can break through these resistance levels, it could indicate a shift towards higher price levels. In the short term, the focus is on the support around $1.87 and the possibility of a larger rally. However, since 2018, XRP has been in a sideways range and has often experienced periods of consolidation after rallying. There are still bullish scenarios, such as a bullish Elliot Wave setup, but any break below the $0.29 level would indicate a bearish outcome.
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