$XRP is trading under $1 today. The Binance low was $0.98 this morning, a hair below the August low of $0.986, so this year's floor has cracked. Price is around $0.99 now, red every day since Nov 5 and about 26% below the Nov 4 close ($1.34).
Checking my Nov 11 call: I said $1.00 is the line and a daily close under it opens another leg. No daily close below it yet (Nov 13 closed at $1.011), but intraday it is already there.
My view through Wed Nov 18:
- Daily close under $0.98 → $0.93 to $0.90 is next. There is little recent trading below here, so round numbers matter.
- Reclaim and daily close above $1.04 → relief toward $1.09 or so.
Bearish while under $1.04, and wrong on a daily close above $1.10 by then.
XRP/BTC is up about 3% since Nov 10, so this looks more like the whole market bleeding (Fear & Greed 13, BTC near $67.4K) than an XRP-only problem.
NFA
$XRP $BTC #XRP #PricePrediction #CryptoMarket
Checking my Nov 11 call: I said $1.00 is the line and a daily close under it opens another leg. No daily close below it yet (Nov 13 closed at $1.011), but intraday it is already there.
My view through Wed Nov 18:
- Daily close under $0.98 → $0.93 to $0.90 is next. There is little recent trading below here, so round numbers matter.
- Reclaim and daily close above $1.04 → relief toward $1.09 or so.
Bearish while under $1.04, and wrong on a daily close above $1.10 by then.
XRP/BTC is up about 3% since Nov 10, so this looks more like the whole market bleeding (Fear & Greed 13, BTC near $67.4K) than an XRP-only problem.
NFA
$XRP $BTC #XRP #PricePrediction #CryptoMarket