XRP forecast for November 2020

XRP / USD technical analysisThe XRP/USD pair is quoted at $0.262. the ripple Rate shows an uptrend, indicator signals indicate continued growth:- The exchange rate remains above the level of the moving average with a period of 50, which is in a sideways trend, the MACD histogram is above the zero level, but the signal line at 44, is approximately on the zero level, this is a bull trap, the price is consolidating at $0.245, the RSI is at 44, which is on the borderline between a bull and bear market, the MACD histogram is above the zero level, but the exchange rate is closing in on the zero level, which indicates continued growth.- The daily MACD level is in the buy zone, the MACD histogram is above the zero level, but indicates a fall in the future.The exchange rate remains in an uptrend, indicator signals indicate continued growth:- The MACD histogram remains in the buy zone, but the exchange rate has fallen below the zero level, which indicates continued growth.The price continues to stay above the moving average with a period of 50, and the exchange rate has fallen below the level of $0.22, which indicates continued growth.The most significant support level is $0.18, expressed as a percentage of the MACD, which remains on the verge of a correction, and the exchange rate is in a position for growth, but indicators on the weekly chart of XRP / USD indicate a possible continuation of the decline.The upcoming trial is now having a decisive impact on the coin's price. Waiting for a successful outcome allows the price to grow, but it does not attract large investors.The news background on Ripple remains ambiguous, but in the event of a settlement of the conflict with the SEC, the asset will grow. Everything written is the personal opinion of the site developers and does not encourage readers to do anything. Be aware of the risks when investing in cryptocurrency.

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