XRP Price Prediction for November 3
2024-11-03

Sellers are more powerful than buyers on the last day of the week, according to CoinMarketCap.CoinMarketCap">
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The price of XRP has declined by 1.50% over the last 24 hours.TradingView">
On the hourly chart, the rate of XRP is in the middle of the narrow channel between the support of $0.4977 and the resistance of $0.5111. As most of the ATR has been passed, any sharp moves are unlikely to happen today.TradingView">
On the daily time frame, the price of XRP is returning to the support level of $0.4877.
If the situation does not change, the accumulated energy might be enough for a breakout, followed by a move to the $0.48 zone.TradingView">
From the midterm point of view, the rate of the altcoin is far from the key levels. However, if the weekly bar closes below $0.49, there is a chance of a test of the $0.44 area.
XRP is trading at $0.5039 at press time.