CandleFocus XRP Price Prediction For November 23
2024-11-23
Author: Content Editor
XRP has experienced a significant upward price movement, increasing by over 65% in the last seven days and trading above $1.50. The departure of SEC Chair Gary Gensler has contributed to the bullish sentiment surrounding XRP and other altcoins. XRP's breakout above the 78.6% Fibonacci level is seen as extremely bullish, with a potential price target of $1.60 to $1.70, and a potential to reach $2. Traders have entered the market following XRP's breakout above resistance levels. Analysts predict that the current bull run for XRP is just the beginning, with the next altcoin season expected to be larger. The XRP/BTC chart suggests that XRP may outperform Bitcoin, potentially doubling in value relative to BTC.
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