Ripple Price Analysis: Is the Worst Yet to Come as XRP Dumps to a 2-Year Low?

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XRP extended its November sell-off, falling more than 10% over the week and dropping below the psychological $1.00 level. Its weekly price reached approximately $0.965, a two-year low, while testing a major support zone that launched the August rally. A decisive weekly close below this area would confirm further downside toward the $0.80 demand zone and then the $0.50 support. The four-hour RSI has formed a bullish divergence, suggesting that bearish momentum is fading, but a sustained break below $0.98 would invalidate the signal. Holding $1.00 could produce a relief bounce toward $1.07 and potentially $1.13, while reclaiming $1.60 would be needed to shift the broader bearish structure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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