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Bears are again back in the game, according to <a href="https://u.today/binance-coin-bnb-price-analysis-for-november-2" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="b3a2c2d3-2d17-4eb7-a033-08f64afcd5ab" src="https://u.today/sites/default/files/inline-images/top10_753.png">XRP chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The rate of XRP has increased by 0.33% since yesterday. <img data-entity-type="file" data-entity-uuid="2be2473f-3fde-41c0-ab25-ae223a8a7bcb" src="https://u.today/sites/default/files/inline-images/xrp1_106.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of XRP is looking bullish as it is about to break the local resistance level of $0.6119. If buyers can hold the gained initiative and the daily bar closes near it, the breakout may lead to a further rise to the $0.62 zone. <img data-entity-type="file" data-entity-uuid="bb2391e4-ad03-42f4-96fc-0a31bc6a69bd" src="https://u.today/sites/default/files/inline-images/xrp2_101.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, one should pay attention to the resistance of $0.6212. If the rise continues to that mark, it might be a bullish signal for a further upward move.&nbsp;
Overall, traders are likely to see a quicker test of the $0.64 zone next week. <img data-entity-type="file" data-entity-uuid="a3ffe51e-05ce-4131-87a8-64cdac4f7d2e" src="https://u.today/sites/default/files/inline-images/xrp3_96.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, traders should focus on the weekly bar closure in terms of the nearest resistance level of $0.6361. If it closes around it, the rise can continue to the $0.65 zone and above.
XRP is trading at $0.6126 at press time.

XRP Price Analysis for November 3

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