Crypto Price Analysis November-15: XRP, ADA, DOGE, SHIB, and SUI
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This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail.
Ripple (XRP)XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days. This performance allowed it to break all key resistance levels until $0.92, which is still standing at the time of this post.
The current support is at $0.68, and considering the massive pump, the price may enter a brief pullback so that buyers can take a break before they resume their assault toward the key resistance.
Looking ahead, XRP is well-positioned to challenge the $1 psychological level in the near future. If successful, this cryptocurrency will reach price levels not seen since 2021, when it almost reached $2.
Cardano (ADA)Cardano had a fantastic start in November, and this continued this week, closing with a 41% price increase. ADA is now found just under the key resistance at $0.6, which appears unlikely to hold buyers.
If the resistance breaks, the next target is found at $0.7. Once there, this cryptocurrency will return to price levels that were last seen in March. While the buy volume has decreased since early November, the bullish momentum remains strong.
Looking ahead, ADA appears determined to reach new peaks and even aim for $1 in the future. Considering its all-time high is at $3, there is plenty of room left to go.
Dogecoin (DOGE)This OG meme coin surprised the market with its quick rally in November, and it has increased by 90% in the past seven days alone! This type of performance has pushed buyers’ attention back towards Dogecoin, which remains extremely bullish.
