Rally

Strong

Resistance

<p style="text-align: left;">XRP’s price action exploded in November, here’s what you need to know.</p> 
<p><strong>Key Support levels: $0.92</strong></p> 
<p><strong>Key Resistance levels: $1.6</strong></p> 
<h2 id="1-xrp-is-consolidating-after-a-strong-rally">1. XRP is Consolidating After a Strong Rally</h2> 
<p>In November, XRP’s price went on a 200% run to the $1.6 resistance. This is both impressive and surprising considering that this cryptocurrency is a top 10 coin by market cap.</p> 
<p>Ethereum, for example, only advanced 50% in the same period. This has returned attention to XRP and the price is consolidating under the key resistance at the time of this post.</p> 
<figure id="attachment_372440" aria-describedby="caption-attachment-372440" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-10.png" data-wpel-link="internal"></a>
 <figcaption id="caption-attachment-372440" class="wp-caption-text">
  Chart by TradingView
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</figure> 
<h2 id="2-bias-remains-bullish">2. Bias Remains Bullish</h2> 
<p>The weekly MACD shows a clear bullish bias. There is no weakness in the price action either and the histogram shows that by making higher highs. The main takeaway is that XRP has a likely chance to continue higher later.</p> 
<figure id="attachment_372439" aria-describedby="caption-attachment-372439" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36.png" data-wpel-link="internal"><img class="size-full wp-image-372439" src="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36.png" alt="XRPUSDT_2024-11-27_09-54-36" width="2438" height="1192" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36.png 2438w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-300x147.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-1024x501.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-1536x751.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-2048x1001.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-54-36-50x24.png 50w" sizes="(max-width: 2438px) 100vw, 2438px"></a>
 <figcaption id="caption-attachment-372439" class="wp-caption-text">
  Chart by TradingView
 </figcaption>
</figure> 
<h2 id="3-weekly-rsi-cooldown">3. Weekly RSI Cooldown</h2> 
<p>While the overall momentum remains bullish, the weekly RSI shows that its intensity has decreased and this is a healthy retrace before further gains. Once this consolidation is over, the key resistance at $1.6 may be put under pressure again.</p> 
<figure id="attachment_372438" aria-describedby="caption-attachment-372438" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02.png" data-wpel-link="internal"><img class="size-full wp-image-372438" src="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02.png" alt="XRPUSDT_2024-11-27_09-55-02" width="2439" height="1192" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02.png 2439w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-300x147.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-1024x500.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-1536x751.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-2048x1001.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-27_09-55-02-50x24.png 50w" sizes="(max-width: 2439px) 100vw, 2439px"></a>
 <figcaption id="caption-attachment-372438" class="wp-caption-text">
  Chart by TradingView
 </figcaption>
</figure>   
<p>The post <a href="https://cryptopotato.com/ripple-xrp-price-prediction-for-this-week-5/" rel="nofollow">Ripple (XRP) Price Prediction for This Week</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.</p>

Ripple (XRP) Price Prediction for This Week

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