XRP (XRPUSD) Price Forecast: November 8
The XRP market is in a positive move today, the coin sellers might hold back as the bulls are gaining strength on the XRP market at the moment. In case the bulls should defend the selling pressure at the $0.647 low value, an increase in the bulls’ momentum may break the resistance level at $0.852 and this may increase the coin price to the $0.900 upper high trend line.
Key Levels:
Resistance Levels: $0.600, $0.650, $0.700
Support Levels: $0.500, $0.450, $0.400
XRP (USD) Long-term Trend: Bullish (Daily Chart)
The XRPUSD price remains bullish and sellers might hold back on the higher time frames. This is clear as we can see the prices trading above the EMAs. 
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 was able to push the coin price upside to a $0.714 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
The coin plummeted to a $0.647 support level above the two EMAs as the daily chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Thus, staying above the moving average will make it possible for the coin to rise further.
Adding to this, if the bulls should increase their price action, and a bullish momentum is sustained far above the $0.852 resistance trend lines, sellers might hold back and further bearish sentiment will be hibernated. In light of this, the price of XRP could reach the $0.900 high mark soon in its long-term outlook.
XRP (USD) Medium-term Trend: Bullish (4H Chart)
The medium-term trend for the XRPUSD market is still dominated by upward pressure. Sellers might hold back as long as the price remains above both moving averages, the bullish trend is confirmed.
The bulls reached and held a resistance level of $0.717 during yesterday’s trading session and sustained it. This really made it possible for the price to rise further in its recent high.
The buy investors showed more concern about the crypto market and pushed the price of XRP up to a $0.695 high value above the EMA-50 just a few hours after the commencement of the 4-hour session today.
The current correction value may likely prolong the bullish rally to break its previous high at the $0.733 value if the bulls could add more strength to their buying power.
In a like manner, further upside is likely as the price indicator now points up. This means that the coin price will continue in an uptrend while sellers might hold back and this may likely hit the $0.900 supply mark and beyond in its medium-term time frame.
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