XRP Price Prediction For November 30
Ripple’s XRP has shown strong momentum in the current bull run, continuing its upward trend. XRP is currently trading above the key $1.50 level and has gained over 6% in the past 24 hours. The altcoin has gained 20% over the past week and is now on track to break above the $1.60 level. As for Bitcoin, the largest cryptocurrency is trading above $97,000 and has slipped into the red zone.
XRP bull run continues
While many cryptocurrencies move in waves, XRP tends to follow a straight upward trajectory, especially during bull markets. Currently, XRP faces some resistance between $1.60 and $1.70. If XRP breaks above $1.70, it could reach $2 soon. Watch for a break above $1.70 to confirm this possibility.
Support level
According to crypto world analyst Josh, If a pullback occurs, XRP has solid support near $1.25 to $1.30. This range has been major support in the near term, so if the price falls, a rebound from this range is likely.
Short-Term Outlook: Breakouts and Resistance
XRP has successfully broken out of a triangle pattern. Although the breakout has been slightly delayed, it is now heading towards a price target of $1.77. Short-term resistance may appear near $1.70, but once this level is cleared, XRP is expected to continue rising.
Previous resistance turns into support
A break above $1.50-$1.51 marks a major shift. Once this resistance level is cleared, the price of XRP will soar. The previous resistance level should now become the new support level. Watch for support near $1.62 to $1.63, and if prices pull back, watch for further support near $1.56 or $1.50.
