XRP Price Prediction for November 19

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XRP Price Prediction for November 19

Most of the coins remain bullish; however, there are some exceptions to the rule, according to CoinMarketCap.

Top coins by CoinMarketCapXRP/USD

XRP is one of the biggest losers today, falling by 3.30% over the last 24 hours.

Image by TradingView

On the hourly chart, the price of XRP is near the local support of $1.0816. If the daily bar closes around that level, one can expect a breakout, followed by a move to the $1.07 zone.

Image by TradingView

On the bigger time frame, none of the sides is dominating as the rate is trading within yesterdays bar. In this case, there are low chances of expecting any sharp moves.

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All in all, sideways trading in the area of $1-$1.15 is the most likely scenario.

Image by TradingView

From the midterm point of view, one should focus on the weekly candles closure. If it happens far from its peak and with a long wick, traders may witness a correction to the $0.90-$1 range by the end of the month.

XRP is trading at $1.1030 at press time.