XRP Price Analysis 11/30: Should You Invest?

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XRP Price Analysis 11/30: Should You Invest?

Our crypto price analysis for November 30 will focus on XRP. The global crypto market is currently up by 0.20% over the last 24 hours according to data from CoinMarketCap.

The general crypto market is experiencing a bullish sentiment with the crypto Fear & Greed Index resting at 70. XRP occupies the #13 position on the list of the top trending cryptocurrencies in the market right now.

Bitcoin (BTC), the world’s flagship cryptocurrency is currently trading at $37,741 representing a 0.27% decrease in the last 24 hours and Ethereum (ETH) continues to maintain its price above $2,000.

XRP Price Analysis

Per XRP data on Coinstats, the sellers (bears) are back to take over. The coin’s price is down by 1.0% in the last 24 hours and 2.49% over the last 7 days.

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xrp price chart

XRP price chart. Source: Coinstats

Amidst the local channel, the rate of XRP is building up energy for another abrupt move. The more likely scenario is further consolidation in the $0.60 zone till tomorrow, given the majority of the daily ATR has been passed.

xrp price analysis

Source: TradingView

XRP daily chart

Looking at the daily chart, the token’s price has failed to rise above the $0.61 level. Consequently, if today’s bar closes below yesterday’s low, then traders can expect a further decline to the $0.59 zone.

XRP daily chart

Source: Coinstats

From a mid-term perspective, traders ought to focus on the crucial $0.60 zone. In a few days, the correction can reach the $0.55 region if the candle closes below it.

XRP Price today

According to live data from Coinstats, the price of XRP today is $0.603. This represents a 1.0% decrease in the last day. Furthermore, XRP has a 24-hour trading volume of $518,114,943 ($518 million) with a live market cap of  $32,525,074,622 ($32.5 billion).

XRP continues to maintain its position as the 5th largest cryptocurrency by market cap with a circulating supply of 53,816,975,568 (53.8 billion) coins.

You can buy XRP on multiple crypto exchanges including Binance, okx, Bybit, and WhiteBIT.

Use our free simple crypto converter to calculate the worth of your cryptocurrencies based on real-time data.

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Victor Nnamdi Igbor "Swaezy" is a crypto enthusiast and writer with over 8 experience in blogging. He is an easy person and when not working, loves to have a good time.