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An onset of what seems to like a retracement attempt can be perceived in Ripple price action. The current price of this crypto aligns with an important level, which could serve as a potential buying point. Consequently, let’s get a closer view of things
Ripple Forecast Statistics Data:
XRP’s current price: is $0.3900
Ripple market cap: $20.37 billion
XRP circulating supply: 50.29 billion
Ripple total supply: 99.99 billion
XRP Coinmarketcap ranking: #7
Major Price Levels:
Resistance: $0.3900, $0.4100, $0.4140
Support: $0.3850, $0.3820, $0.3800
Ripple Price Prediction Today, November 30, 2022: XRP/USD Is Pulling Back Upwards
A green Doji price candle has just shown up on the XRP/USD price chart. Consequently, this portrays that some buying has started in this market. Going by the nature of this price candle, it could be perceived that buyers are still in a contest with sellers. This noticed price candle can be seen bringing the Ripple price to align with the 78.60 Fibonacci level, and this confirms that a significant buying may result from here. Consequently, this may offer an upward retracement at the least. However, the Relative Strength Index indicator hasn’t picked up enough bullish momentum. As a result, the curve of this Indicator is still pointing downwards. However, traders in this market may soon witness an upside retracement which may bring the Ripple price to near $0.4100.
Ripple Price Prediction Today, November 30, 2022: XRP/BTC Is Dipping
On the XRP/BTC front, price activity isn’t showing any possibility of a price retracement yet. Here price action seems more bearish than it looked on the XRP/USD market. Also, the last price candle here appears significantly bearish and has moved price more quickly downwards. Furthermore, the Stochastic Relative Strength Index indicator continues to point downwards, indicating a further decline in buying momentum. Nevertheless, traders should note that price action is yet to test the Moving Average curve of the Bollinger band. This implies that the level of the MA can be anticipated as potential support, as the price may retrace upwards to near 0.00002490 from here.
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