XRP broke above the $0.64 resistance on November 12 and reached a strong resistance at $0.74.
XRP/USDT daily chart | Source: TradingView
On November 13, the bears attempted to pull the price below $0.64, but the long candlestick tail suggests strong buying at lower levels. The XRP/USDT pair could range between $0.64 and $0.74 for some time, increasing the possibility of a bullish breakout. A breakout of the $0.41 to $0.74 range would open the door to a target of $1.07.
This bullish view will be invalidated if the price declines and sustains below the $0.64 support.
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