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The cryptocurrency market keeps rising after yesterday’s reversal.
XRP is one of the biggest rising coins today, going up by 7.40%.
On the daily chart, XRP is likely to continue the rise if the bar closes near the $0.40 level or above it. In this case, the upward move might be possible to the resistance at $0.4380.
Thus, the rising buying volume is also a prerequisite for possible growth soon.
XRP is trading at $0.3924 at press time.
Binance Coin (BNB) is following the rise of XRP, growing by 6.38% over the past 24 hours.
Despite today’s rise, Binance Coin (BNB) has not returned to the bullish zone yet as the price is still below the $300 mark. In this case, bears keep controlling the situation, which is also confirmed by the low volume. If the situation does not change, a further drop might happen on the weekend.
BNB is trading at $296.6 at press time.
Published at Fri, 11 Nov 2022 15:40:00 +0100