XRP had a explosive November with a 200% increase, reaching the resistance level of $1.6, attracting attention back from the cryptocurrency community 🌟. While Ethereum only increased by 50% during the same period, XRP is currently consolidating below this level.
- **Bullish Trend**: The weekly MACD shows a clear bullish trend, with no signs of weakening. This suggests that XRP could continue to grow.
- **Weekly RSI**: Although the overall momentum remains strong, the RSI indicates that intensity has decreased, which is a healthy correction before potential further increases. The $1.6 level may be tested again after this consolidation phase 🚀.