XRP long-term Price Analysis: 28 November
XRP’s value has moved up the price scale after months of restricted movement. The value of the third-largest digital asset reached $0.7852, after which the value began to decline. The world’s third-largest crypto, at press time, has a market cap of $24.5 billion according to CoinMarketCap and a trading volume of $20 billion. Interestingly the price of XRP has been moving once again between $0.5056 and $0.5810
(https://engamb.sfo2.digitaloceanspaces.com/wp-content/uploads/2020/11/28112525/XRP-8.png)
The above chart of XRP noted the falling price within the descending channel. After the drip till $0.45058, XRP rallied higher, but it was a momentary surge. The price began to move once again between its immediate resistance and support.
This resulted in a consolidation phase the coin has been noting.
Learn more about the analysis here. (https://eng.ambcrypto.com/xrp-long-term-price-analysis-28-november/)