**XRP Price Prediction for November 13**
This setup has been forming for months, indicating that despite short bursts of growth, XRP’s overall trend remains downward. In recent days, there hasn’t been much change in the bigger picture, with XRP still struggling to move higher after several failed attempts to break through major resistance levels.
**Daily Chart Shows Positive Signs**
On the daily chart, the outlook appears more balanced. A bullish divergence is still active, showing no signs of being canceled out yet. This provides buyers with some hope that the price could recover soon if market conditions become favorable.
**Support and Resistance Levels**
XRP is currently facing strong resistance around the $2.60 to $2.70 range. In the past two days, the price approached this level, reaching approximately $2.59 before slowing down. If XRP fails to move higher, it could pull back toward the next important support zone between $2.30 and $2.40. This range has acted as both resistance and support in the past, making it a crucial area for traders to monitor.
**Range-Bound Trading Likely for Now**
For the time being, XRP is expected to remain within the $2.30 to $2.70 price range. The token may continue to fluctuate within this zone over the next few days, likely following the broader market movements of Bitcoin and Ethereum.
**Conclusion**
Over the past four months, XRP’s price has declined by roughly 32%, following a sharp rally back in July. That earlier surge left many wallets holding significant unrealized profits, which has kept XRP’s MVRV ratio (a metric used to measure holder profitability) relatively high compared to other major cryptocurrencies.
According to analyst DataDash, this suggests that XRP may still need to “reset” further before a strong new uptrend begins. Traders and investors should watch price action closely in the coming days to gauge whether XRP can break out of the current range and signal a potential reversal.
https://bitcoinethereumnews.com/tech/xrp-price-prediction-for-november-13/