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Key XRP price levels to watch as final shakeout remains in play

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XRP is back in familiar territory, trading below the $3 zone, but an analyst suggests the asset is likely to see renewed momentum after a short-term correction. At press time, XRP was changing hands at $2.97, down 1.2% in the past 24 hours, though it remains up more than 4% on the weekly chart. XRP seven-day price chart. Source: Finbold According to pseudonymous cryptocurrency analyst CoinsKid , XRP is facing long-term resistance at $3.37, which marks the upper boundary of its current range.  A decisive breakout above this level could trigger price discovery and open the door for further upside. Until then, XRP remains in consolidation, with the possibility of retesting support levels before any breakout attempt. XRP price analysis chart. Source: TradingView On the downside, immediate support sits at $2.73, while a deeper pullback could extend to the $2.37 zone, identified as a critical level for a potential final shakeout. A failure to hold there could bri...

Crypto market prediction for November 2024

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Just in time for the second half of ‘Uptober’, the month that historically sees the best performance of the cryptocurrency market, professional crypto analyst Michaël van de Poppe has readjusted his holdings. The expert, who believes that the bull market still has a ways to go, has been investing in altcoins after divesting from Bitcoin (BTC) back in May. In a YouTube video posted on October 17, van de Poppe shared his latest portfolio changes — focusing on newer altcoins that he sees as having a stronger growth potential compared to older, more established coins and tokens. Coins that Michaël van de Poppe is holding The expert continues to hold 4 altcoins from his previous portfolio recommendation — Optimism (OP), Celestia (TIA), Bittensor (TAO), and Ethereum Name Service (ENS). Picks for you Is the ‘Uptober’ Bitcoin rally over? BTC t...