XRPLong
Ripple Price Analysis — December 1
Ripple has gained some bullish traction over the past few days as the Omicron-induced massive sell-off wanes. The seventh-largest cryptocurrency resurfaced above the $1 yesterday, converting the 4-hour 50 SMA into a support line. That said, XRP now aims for the $1.0500 pivot line followed by the $1.1000 pivot top. I expect to see a bullish continuation over the coming hours into the pivot zone as on-chain metrics propose a healthy comeback for the broader crypto market in the near term.
Meanwhile, my resistance levels are $1.0500, $1.1000, and 1.1500, and my support levels are $1.0000, $0.9500, and $0.9275.
Total Market Capitalization: $2.65 trillion
Ripple Market Capitalization: $47.6 billion
Ripple Dominance: 1.79%
Market Rank: #7
Meanwhile, my resistance levels are $1.0500, $1.1000, and 1.1500, and my support levels are $1.0000, $0.9500, and $0.9275.
Total Market Capitalization: $2.65 trillion
Ripple Market Capitalization: $47.6 billion
Ripple Dominance: 1.79%
Market Rank: #7
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