The post XRP Price Analysis for November 6 appeared on BitcoinEthereumNews.com. Some coins are trying to come back to the green zone, according to CoinStats. XRP chart by CoinStats XRP/USD The price of XRP has increased by 1.87% over the last day. Image by TradingView On the hourly chart, the rate of XRP is looking bearish. If a breakout of the local support of $2.277 happens, the fall is likely to continue to the $2.25 mark. Image by TradingView On the longer time frame, none of the sides is dominating as the price is far from main levels. In this case, traders are unlikely to witness sharp moves soon. You Might Also Like In this case, sideways trading in the range of $2.25-$2.40 is the most likely scenario. Image by TradingView From the midterm point of view, the rate of XRP is going down after a failed attempt to fix above the $2.6624 mark. However, if the weekly bar closes far from its candle low, buyers may seize the initiative, which could lead to a bounce off to the $2.50 area. XRP is trading at $2.2897 at press time. Source: https://u.today/xrp-price-analysis-for-november-6The post XRP Price Analysis for November 6 appeared on BitcoinEthereumNews.com. Some coins are trying to come back to the green zone, according to CoinStats. XRP chart by CoinStats XRP/USD The price of XRP has increased by 1.87% over the last day. Image by TradingView On the hourly chart, the rate of XRP is looking bearish. If a breakout of the local support of $2.277 happens, the fall is likely to continue to the $2.25 mark. Image by TradingView On the longer time frame, none of the sides is dominating as the price is far from main levels. In this case, traders are unlikely to witness sharp moves soon. You Might Also Like In this case, sideways trading in the range of $2.25-$2.40 is the most likely scenario. Image by TradingView From the midterm point of view, the rate of XRP is going down after a failed attempt to fix above the $2.6624 mark. However, if the weekly bar closes far from its candle low, buyers may seize the initiative, which could lead to a bounce off to the $2.50 area. XRP is trading at $2.2897 at press time. Source: https://u.today/xrp-price-analysis-for-november-6

XRP Price Analysis for November 6

Some coins are trying to come back to the green zone, according to CoinStats.

XRP chart by CoinStats

XRP/USD

The price of XRP has increased by 1.87% over the last day.

Image by TradingView

On the hourly chart, the rate of XRP is looking bearish. If a breakout of the local support of $2.277 happens, the fall is likely to continue to the $2.25 mark.

Image by TradingView

On the longer time frame, none of the sides is dominating as the price is far from main levels. In this case, traders are unlikely to witness sharp moves soon.

You Might Also Like

In this case, sideways trading in the range of $2.25-$2.40 is the most likely scenario.

Image by TradingView

From the midterm point of view, the rate of XRP is going down after a failed attempt to fix above the $2.6624 mark. However, if the weekly bar closes far from its candle low, buyers may seize the initiative, which could lead to a bounce off to the $2.50 area.

XRP is trading at $2.2897 at press time.

Source: https://u.today/xrp-price-analysis-for-november-6

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