XRP Price Prediction for November 22: $2 Target in Sight
The post XRP Price Prediction for November 22: $2 Target in Sight appeared first on Coinpedia Fintech News
XRP price has surged more than 24% in the past 24 hours, thanks to the unsurprising resignation of SEC Chairman Gary Gensler. Gensler announced that he would step down on January 20, the same day Trump is set to take office, much to the excitement of XRP fans. After years of conflict with the SEC, the news has given Ripple a boost. However, XRP is still far from its all-time high of $3.84. The big question now is whether XRP can reach new highs in 2024.
XRP Price: Current Support and Resistance
According to analyst Josh from Crypto World, XRP is trading between a major support level (the gold level) and resistance at the 78.6% Fibonacci level. The support zone is between $0.94 and $1. The analyst said that for XRP to continue its upward trend, it needs to break and confirm an exit above $1.30. At the time of writing, XRP is trading at $1.37 and if successful, the next target could be $1.70, and perhaps even $2.
