XRP Price Prediction – Indicators Suggest Fresh Bull Run If XRP Clears $0.642

Nov 23, 2023 06:00 am Cryptocurrency 145

XRP price started a downside correction and tested $0.572. The price is now rising and might gain bullish momentum if it clears $0.642.

XRP started a downside correction below $0.650 and $0.620.

The price is now trading below $0.640 and the 100 simple moving average (4 hours).

There was a break above a major bearish trend line with resistance near $0.608 on the 4-hour chart of the XRP/USD pair (data source from Kraken).

The pair start a fresh rally if it clears the $0.642 resistance zone.

XRP Price Holds Key Support

After facing rejection near the $0.740 zone, XRP started a fresh decline. There was a move below the $0.70 and $0.650 support levels. The price even dived below the $0.60 support, underperforming Bitcoin and Ethereum.

Finally, the bulls took a stand near $0.572. A low was formed near $0.572 and the price is now ..

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