XRP Price Analysis – November 28
Ripple upward move reached a high of $0.78 resistance zone. On November 25, the coin has a breakdown as it dropped to $0.45 low. With a fresh uptrend, the market will reach a high of level 1.0954. Similarly; the XRP/BTC is in an upward move. The crypto has a target price of Ƀ0.000025660.
Resistance Levels: $0.24, $0.26, $0.28
Support Levels: $0.22, $0.20, $0.18
Ripple upward move was terminated at a high of $0.78. After testing the resistance zone thrice, XRP resumed a downward move. One of the reasons for the downward move is the overwhelming selling pressure above the resistance zone. On November 24, a candlestick indicated a long wick. The long wick indicates a strong selling pressure at a higher price level. Later, the coin slumped to the low above $0.45.
Similarly, the candlesticks on … Read more