XRP Price Prediction: Third Test of the $1.19 Zone in Eight Days

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: XRP fell to $1.188 on Friday morning and is testing the zone around $1.19 for the third time since October 30. Futures positioning, Binance reserves and the US jobs report will decide whether it holds once more.For the third time in eight days, XRP is sitting at the zone around $1.19.Add as a preferred source on GoogleFollow on Google NewsXRP fell to $1.188 on Friday morning, putting it at the zone between $1.19 and $1.20 for the third time in eight days. Around 7:40 a.m. CET one XRP cost roughly $1.19, or €1.07, the lowest level since August 20. What the data shows: the support held on October 30 and again late on Thursday night, while on the derivatives market far more accounts are betting on rising prices than on falling ones. Our assessment follows further down: this long overhang can prop up the zone, but it can also speed up a break. Where the price could head over a horizon of months is covered in our XRP price prediction. This piece is about the next few days: ...