XRP Price Prediction - Taking a Breather Before test of resistance at $0.50

XRP was trading at $0.408 at the time of writing after gaining around 0.2% in the last 24 hours. In the last week, XRP has gained 6.1%. The token is trading at critical levels, with bulls eyeing below $0.50.

XRP price analysis

XRP’s buying support is weak despite the slight gains made. In the last 24 hours, XRP has traded between $0.40 and $0.41, indicating low volatility. XRP has managed to break past the main hurdle at $0.38 and is currently eyeing to test resistance at $0.44.

XRP’s trading volumes in the last 24 hours stand at over $876 million, a healthy volume. Market support is there but it is not enough to trigger a significant jump. In the last 4 hours, the global cryptocurrency market cap has increased slightly by 1.2%.

If buyers start accumulating the token at the current prices, the token will likely enter a notable bullish rally, aiming to break the next hurdle at $0.50. The bullish thesis will be eliminated if XRP slips and falls below $0.38. Such a price action would see the token testing lower lows.

XRP price analysis

XRP has a Relative Strength Index of 52, showing that the token has slight buyer support. Nevertheless, the bears are still fighting for control, and for XRP to sustain the uptrend and break past $0.50, an influx of buyers is needed. The MACD line is currently above the signal line, which is a bullish signal. If

Ripple and SEC could be close to a settlement

By November 30, Ripple and the Securities and Exchange Commission (SEC) must file summary judgment briefs that will not be revealed to the public. The two parties will also meet on December 2 to discuss redactions in the court filings.

The briefs will be made public on December 5. According to Australian lawyer and crypto trader Bill Morgan, November 30 is an important date for the XRP community because it will determine the lawsuit’s course. Therefore, XRP could see some price action as the date nears.

Altcoins to consider buying today

XRP’s volatility remains low, and the token has not made any significant price movements in the last 24 hours. Investors are now looking for the next best cryptos to invest in for 10x gains. Some cryptos to add to your portfolio today include Dash 2 Trade and RobotEra.

Dash 2 Trade

Dash 2 Trade is a platform that beginner and experienced crypto traders can use to make informed trading decisions. The beta version of this platform is almost ready for launch. It will be released at an opportune time when many crypto investors are looking for a reliable platform to help them make proactive decisions.

The Dash 2 Trade presale has raised more than $7.1 million. The hard cap of the presale has been revised to $13.4 million to ensure that investors can access this platform when they need it the most.

RobotEra

The TARO presale started recently. RobotEra is a metaverse gaming project created on the Ethereum blockchain. The metaverse will allow players to buy land and develop it to participate in the creation of the virtual world.

Unlike other metaverse worlds, RobotEra will release quarterly updates to ensure that players have a high level of engagement. The TARO presale has raised more than $214,000.

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