XRP price prediction for November 30
Ripple's XRP is showing strong activity in the current bull run, continuing its upward trend. XRP is currently trading above the crucial $1.50 level and is up more than six percent in the last 24 hours. The altcoin has gained 20 percent in the past week and is now waiting to break the $1.60 level. As for Bitcoin, the largest cryptocurrency is trading above $97k and has entered the red zone.
XRP continues the bull run
Although many cryptocurrencies move in waves, XRP tends to follow an upward trajectory, especially during bull markets. Currently, XRP is facing some resistance between $1.60 and $1.70. If XRP breaks above $1.70, it could easily hit $2 soon. Check out the breakdown above $1.70 to confirm this possibility.
Support levels
According to analyst Josh of Crypto World, XRP has strong support around $1.25 to $1.30 if it pulls back. This range has served as a major support in the recent past, so if the price declines then it is likely to bounce back.
Short-term perspective: divide and conquer
XRP has successfully exited the triangle pattern. Although the breakout is slightly delayed, it is now heading towards the target price of $1.77. Short-term resistance may be seen around $1.70, but once the level is cleared, XRP is expected to continue its upward movement.
The previous resistance becomes support.
A range above $1.50-$1.51 indicates significant change. Once this resistance level was cleared, the price of XRP rose. Now, those early resistance levels should act as new support. Look for support at $1.62 to $1.63, and further support at $1.56 or $1.50 if the price pulls back.
