XRP Price Analysis for November 21
Can XRP stay bullish against fall of other coins?...
- The rate of XRP has declined by almost 4% since yesterday.
- On the hourly time frame, XRP has broken the local support level of $0.6058, and if the daily bar closes below it, the decline may continue to the $0.58-$0.59 zone.
- On the daily chart, XRP has continued to fall after yesterday's bearish closure, and if buyers lose the $0.60 zone, bears may take control and lead to a drop to the $0.55 area.
- On the weekly time frame, there is a similar situation, and if the bar closure happens below the previous candle low, the decline will continue to the support of $0.5491.
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The sentiment of the article is negative, as it discusses the decline in the rate of XRP and the possibility of further drops.