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.

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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.