Ripple Price Analysis — November 10

Following a two-day consolidation below the critical $1.2700 level, XRP has finally reclaimed the $1.3000 area for the first time in ten weeks. The seventh-largest cryptocurrency touched the $1.3250 top a few minutes ago, indicating an immense bullish presence. That said, bulls need to plant a candle close above the $1.3000 psychological mark to sustain this recovery and aim for the $1.3800 top. Failure to do so could push the price back towards the $1.2700 zone.

Meanwhile, my resistance levels are $1.3500, $1.3800, and 1.4000, and my support levels are $1.3000, $1.2700, and $1.2500.

Total Market Capitalization: $2.94 trillion

Ripple Market Capitalization: $62.7 billion

Ripple Dominance: 2.13%

Market Rank: #7