XRP (XRPUSD) Bulls are Gaining Ground

XRP (XRPUSD) Price Forecast: November 19

The XRP market is on the positive side. The bulls are gaining ground on the XRP market as the coin market remains steady on the upside. From the look of things, the coin may continue its bullish movement if buyers can aggressively increase their buying activities, the coin price might further climb to the $1.20 upper resistance level and beyond, showing promising signs of recovery.

Key Levels:
Resistance Levels: $1.16, $1.17, $1.18
Support Levels: $0.40, $0.30, $0.20

The XRP bulls are gaining ground as the pair is experiencing a jolly bullish move in its long-term view. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.

The sustained bullish pressure to the $1.12 resistance value in the last session has enhanced the crypto price to remain firm above the supply levels in its recent high.

Today, the XRPUSD bulls are gaining ground as the market price rises to the $1.18 high level above the moving averages as the daily chart opens, implying that the crypto price is in an uptrend and from the way it is at the moment, it will keep growing, and the bulls will keep gaining ground.

Further, XRP price is in an uptrend on the daily signal, implying that the pair will continue to increase to the upsides, and this may get to the $1.20 upper resistance trend mark soon as the bulls continue gaining ground in its long-term outlook.

Upward pressure still dominates the XRPUSD market as the bulls keep gaining ground in the medium-term time frame. The price currently trades above the moving averages, affirming its bullish trend.

The bull’s rally to a $1.05 resistance level in the last session has made it possible for the XRP price to rise further above the supply trend in its recent high.

Today’s market value of XRPUSD at a $1.14 supply value above the moving averages as the 4-hourly session opens, affirms the bulls are gaining more ground.

In addition, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of XRPUSD might jump up to the $1.20 upper high level soon in its medium-term outlook.

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