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Bulls are not giving up even on the weekend, according to <a href="https://u.today/toncoin-ton-price-prediction-for-november-8">CoinStats</a>.
<img src="https://u.today/sites/default/files/inline-images/top10_1464.png" data-entity-uuid="00f3f42b-3afe-4db8-a7b5-b2b4b93c7c6c" data-entity-type="file" data-caption="XRP chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The price of XRP has increased by 0.48% since yesterday.
<img src="https://u.today/sites/default/files/inline-images/xrp1_198.png" data-entity-uuid="8367a592-c659-4c62-8516-81f84fc454b5" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
On the hourly chart, the rate of XRP is falling after a false breakout of the local resistance of $0.5557. If the daily bar closes far from that mark, one can expect a local drop to the support level.
<img src="https://u.today/sites/default/files/inline-images/xrp2_195.png" data-entity-uuid="0703a976-0bfd-4d8d-9877-d80409e93b7d" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
From the midterm point of view, the price of XRP might need time to accumulate energy for a further move.
In this regard, traders may witness a consolidation in the zone of $0.54-$0.56 over the next few days.
<img src="https://u.today/sites/default/files/inline-images/xrp3_191.png" data-entity-uuid="07447c15-5f87-4032-beb5-797f3dd42650" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
A similar picture is on the weekly chart. However, if the weekly bar closes near $0.5666, the strength might be enough for a blast to the $0.60 area shortly.
XRP is trading at $0.5508 at press time. <a href="https://u.today/xrp-price-prediction-for-november-9">Read original article on U.Today</a>

XRP Price Prediction for November 9

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