Ripple Price Prediction for Today, November 17 – XRP Technical Analysis

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According to Ripple price predictions, XRP recorded a gain of 15.46% in the last 24 hours as it reached the resistance level of $1.161.

Ripple prediction statistical data:

Current Ripple price – $1.05
Ripple market cap – $59.79 billion
Ripple Circulating Supply – 59.93 billion
Ripple total supply – 99.9 billion
Ripple CoinMarketCap Ranking – 6th

XRP’s journey highlights the potential rewards of early adoption of the cryptocurrency. XRP has surged an incredible 37,126.4% from its all-time low of $0.002802 in July 2014, and has shown significant long-term growth despite falling 72.85% from its all-time high of $3.84 in January 2018. Recent 24-hour price activity Prices between $1.01 and $1.18 reflect ongoing market dynamics. XRP’s price history highlights its resilience and importance in the cryptocurrency space, proving that timing and strategic investments are key to capitalizing on opportunities.

XRP/USD Market

Main level:

Resistance levels: $1.150, $1.200, $1.250

Support levels: $0.520, $0.470, $0.420

Ripple Price Prediction for Today, November 17 – XRP Technical Analysis — XRPUSD – Daily Chart

The daily chart of XRP/USD shows a notable bullish break above the $0.75 level, a key resistance-turned-support area that has historically been an important pivot point. This upward move follows a period of sustained consolidation between $0.65 and $0.67 where buyers continued to defend the range, building a solid foundation for the current rally. The daily time frame indicates that the bulls have regained control after some indecision and the price has moved into a new higher trading range.

Ripple Price Prediction: Ripple (XRP) Could Go Higher

From a technical perspective, $0.915 appears to be the next important resistance level, consistent with historical price action where XRP has been repeatedly rejected. Breaking this level could open the door for a retest of the $1 level, which represents a major psychological barrier and milestone for bullish sentiment. However, technical indicators are approaching higher levels, suggesting that the trend is still strong but a bearish or sideways phase could occur before further upside.

Meanwhile, the price of Ripple is hovering around $0.894 and showing a strong bullish movement above the moving average. If the bulls apply more pressure, XRP/USD may cross the upper boundary of the channel and reach resistance levels of $1.150, $1.200, and $1.250. However, the 9-day moving average remains above the 21-day moving average. On the other hand, if a larger divergence to the upside is identified, the bulls may continue to dominate the market.

XRP/BTC rises rapidly

Compared to Bitcoin, Ripple price is also trading bullishly above the 9-day and 21-day moving averages. After bottoming around 700 SAT a few days ago, the price began to rise slowly and is currently trading around 981 SAT. However, now that buyers have taken control of the market, Ripple price is moving beyond the upper boundary of the channel.

From above, if the bulls are able to push the coin above the upper boundary of the channel, traders can expect initial resistance to be located at SAT 1115. Therefore, a further bullish move may reach higher resistance levels above 1118 SAT. Alternatively, if sellers bring the market to the lower boundary of the channel, XRP/USD could find significant support below 800 SAT. Meanwhile, the 9-day moving average line is crossing the 21-day moving average line, showing an upward trend.

Nonetheless, @Washigorira shared on However, caution is needed as the Kumo Cloud may show resistance at this level. 🤝 If $XRP successfully clears the cloud, it could quickly rise towards its previous all-time highs.

#altcoin #XRP Golden Cross! 🚀$XRP We’ve finally moved away from the monthly standard🔵.
Next goal: $1. 🎯
However, caution is needed at this level as Kumo Cloud can act as resistance. 🤝
If you rise above the clouds, you will most likely be teleported back to the previous ATH! pic.twitter.com/4wzaBDQmVI
— Cryptocurrency Titan (@Washigorira) November 15, 2024

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