XRP Price Gains Movement, With a November 31 Target of $1?

With a gain of more than 21%, Ripple's XRP coin has outperformed all other major cryptocurrencies this week.

Following a difficult August, the price of XRP spent over two months trading between $0.4422 and $0.5412. But now that the market is moving again, it is surmounting resistance levels.

The coin has been in a notable bullish trend since early August, having broken past the resistance level of $0.6398 and going on to surpass important levels like $0.67 and $0.7.

Although there was a small drop of about 3%, the price is still near the $0.7 mark and is predicted to retest it, however the exact result is unknown.

Fibonacci levels indicate that $0.94481 will be the next significant milestone for XRP. The price may challenge $1 if the bulls can drive it there, and an upper target of $1.0675 is anticipated in the first half of the next year.

Moreover, XRP may seek to hit its November 2021 high of $1.255 if a strong bullish mood persists, particularly around the time of the next Bitcoin halving event.

All things considered, XRP is showing great bullish potential and may soon approach $1 or maybe surpass it.

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