Coin

<p style="text-align: justify">It was a challenging 24 hours for investors, and we have witnessed significant developments this week. Under normal circumstances, this week had a very calm agenda, just like that bloody week in early June. During that week, when there was almost no development on the macro front, the SEC filed lawsuits against two major crypto exchanges.</p> 
<p style="text-align: justify">Now, the <strong><a href="https://en.coin-turk.com/secs-asset-freeze-request-to-binance-could-deepen-crypto-market-fears/" data-wpel-link="internal">Binance</a></strong> settlement has hit the headlines like a bombshell. Amidst the chaos and busy agenda, what do the latest predictions indicate for <a href="https://coin-turk.com/avax-holo-ve-xrpde-son-durum" data-wpel-link="internal">XRP</a> Coin?</p> 
<h2 style="text-align: justify" id="xrp-coin-review">XRP Coin Review</h2> 
<p style="text-align: justify">Similar to many altcoins, we see an ongoing upward trend in the XRP Coin chart, following the support line since the beginning of the year. While doing so, XRP broke an important horizontal resistance and reached $0.93. Many investors overlook this when analyzing the charts. The surge following the summary judgment defeat of the SEC was an overbought movement.</p> 
<p style="text-align: justify"><img decoding="async" class="wp-image-279909 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/XRP-Coin-Grafigi-Direnc.png" alt="" width="1132" height="466"></p> 
<p style="text-align: justify">XRP Coin price could not sustain the $0.93 level, as usually, things that weaken it come after every good news. Due to this situation in the crypto world, things turned around with the SEC’s intention to appeal. Subsequently, XRP Coin confirmed the support trendline twice in August and October. Despite the decline, the price continues to stay above the key resistance area and trendline.</p> 
<h2 style="text-align: justify" id="xrp-coin-price-predictions">XRP Coin Price Predictions</h2> 
<p style="text-align: justify">Analysts remain optimistic about the long-term outlook. The short-term outlook is not that bad as long as the <a href="https://en.coin-turk.com/bitcoins-halving-expectations-and-bullish-signs-for-btc/" data-wpel-link="internal">BTC</a> price maintains the $36,500 region. For now, the market has not fully absorbed the major news. CryptoBull and JD indicate the continuation of the uptrend. The third <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">analyst</a>, CryptoBull, wrote the following:</p> 
<blockquote> 
 <p style="text-align: justify">“The projected prices for XRP based on past breakouts are $4.20 and $7.20. XRP experienced a major breakout at the end of each triangle, and we are about to complete the fourth triangle.”</p> 
</blockquote> 
<p style="text-align: justify"><img decoding="async" class=" wp-image-279910 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/XRP-Coin-22-Kasim-Grafik.png" alt="" width="1260" height="516"></p> 
<p style="text-align: justify">Current technical readings do not confirm a clear direction for XRP Coin. The price tested $0.57 and we need a strong reaction rally from the $0.55 support. If the price loses this support, a drop to $0.48 is possible. In the reverse scenario, the target could be the familiar $0.65 and $0.75 (as intermediate resistances) that we have seen in the past few weeks.</p> 
<div class="sorumluluk_reddi">
 <strong>Disclaimer:</strong> The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks, and should conduct their own research before making any transactions.
</div> Continue Reading: <a href="https://en.coin-turk.com/xrp-coin-price-predictions-what-do-the-latest-trends-indicate/" data-wpel-link="internal">https://en.coin-turk.com/xrp-coin-price-predictions-what-do-the-latest-trends-indicate/</a>

XRP Coin Price Predictions: What Do the Latest Trends Indicate?

Table of Contents

COINTURK NEWS

Outros artigos publicados em 22 de nov. de 2023

Coinbase CEO Brian Armstrong goes on the offensive amidst Binance legal woes

Ethereum Technical Analysis: Important Levels to Watch

Julian Sancton Sues OpenAI and Microsoft Over Alleged Unauthorized Use Of Copyrighted Materials

Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of 'Preferential Transfers'

Terra Classic Price Prediction As Buyers Inch Closer to a 32% Breakout Rally

Best Crypto Coins for Gamers

Join our free newsletter for daily crypto updates!