$XRP ๐ XRP Price Analysis: Key Resistance Levels & Market Trends (November 30, 2024)
๐ Current Price: $1.8753
๐ 24-Hour High: $1.9500
๐ 24-Hour Low: $1.6739
๐ Key Resistance and Support Levels:
1. ๐ฅ Immediate Resistance at $1.95:
XRP faced significant resistance at $1.95, a critical level to break for continued bullish momentum. A close above this could open the door to a potential rally toward $2.00. ๐ช
2. ๐ฏ Secondary Resistance at $2.00 - $2.10:
Traders are eyeing the $2.00-$2.10 range as a key zone where profit-taking may occur. Clearing this level could solidify XRP's bullish trend. ๐
3. ๐ก๏ธ Strong Support at $1.67:
The $1.6739 support level remains crucial, as a breakdown below could lead to a deeper correction toward $1.50. Buyers are currently defending this level. ๐
๐ฎ Outlook:
Bullish Scenario: A breakout above $1.95 could propel XRP past $2.00, signaling continued upside potential. ๐
Bearish Scenario: A failure to hold support at $1.67 might lead to a pullback toward $1.50. โ ๏ธ
Maintaining momentum above resistance levels will be crucial for XRP to sustain its bullish trend. ๐
