In the year November 19 XPP price prediction

Coinpedia - Fintech &Amp; Cryptocurreny News Media


The XRP weekly chart has been flashing the same warning for months. In the year A large protectionist pattern that first appeared at the end of July is still active, and will continue to lower the price. This long-term signal shows strength and very little upward momentum.

Because this pattern is not yet complete, XRP is likely to experience more weakness in the next few months. The main trend has not changed, and the price remains under pressure.

The daily chart shows the possibility of short-term relief

The daily chart looks slightly better. XRP is making new lows, but the RSI indicator is at a higher low. This difference sometimes leads to a short pumpkin or some relief.

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But nothing has been confirmed yet. To count this sign, the XPP must be controlled every day during the midday days. If that happens, the price may move sideways for a while or maybe a few days or maybe a week or two or two.

However, this type of short lift does not mean that the whole trend is changing. It just gives a break from the recent heavy drop.

Small villages may be, but the big trend is still negative

Even if XRP gets short-term gains, the broader picture is weak. On the weekly chart, the long-term pattern is still active, which means that after a short support phase, downward pressure may return. True recovery requires strong signals, and those have not yet been revealed.

Important price levels

XRP has a major support zone between $550 and $2.70. If the price is removed again, this area will help reduce further losses.

At the height of the XP. The price must break above this zone to show strength.

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