XRP, Near Protocol (NEAR), Zcash (ZEC) and Cardano (ADA) Price Analysis for November 4: Market Is Bleeding Heavily
Photo: U.Today
XRP's correction keeps dragging on. The token is trading near $1.28, down from its September highs around $1.65. After a strong recovery in August and September, XRP has struggled to keep its bullish momentum. Selling pressure hasn't eased, and sentiment keeps getting worse. The daily chart shows a series of lower highs and lower lows, so sellers are firmly in control of the short-term trend. XRP is also trading below its major moving averages, which makes the bearish picture even stronger. Any recovery attempt could run into heavy resistance.
Source: U.Today
