XRP price outlook for November: Can $1.20 hold as bears return?

XRP has slipped below $1.20 on Nov. 6, leaving its daily and weekly charts under pressure even as analysts point to whale accumulation and a possible bottoming pattern. XRP traded below four daily moving averages, with resistance concentrated around $1.27–$1.29. Weekly RSI stood at 42.84, below its average and the neutral 50 level. Alex Marzell identified $1.20 as the pivot separating a rebound from further losses. Ali Charts described negative sentiment alongside a potential inverse head-and-shoulders bottom. The daily chart showed the token at $1.1936 at press time, with the session’s low at $1.1740.

Source: crypto.news