CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

XRP Price Prediction: Taker Sellers Active as XRP Trades Below All Six Moving Averages

Blockchain.News logo

Published on

Add as a preferred source on Google
XRP Price Prediction: Taker Sellers Active as XRP Trades Below All Six Moving Averages

XRP closed at $1.25 on Binance spot on November 2, 2026, with all six tracked moving averages sitting above price and a taker buy/sell ratio of 0.7708 recorded at 07:00 UTC, reflecting net aggressi...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

On Binance spot, XRP printed a 24-hour range of $1.24–$1.26 against a closing price of $1.25 as of November 2, 2026 — a two-cent span against a 14-day Average True Range (ATR) of $0.05 per Binance spot data, reflecting compression rather than directional momentum. The $1.25 level coincides with the calculated daily pivot point per Binance spot data, a technically neutral position that the surrounding indicator picture frames in a negative context.

Every moving average in the supplied Binance spot dataset sits above current price. The SMA 7 at $1.27, EMA 12 at $1.28, SMA 200 at $1.28, SMA 20 at $1.30, EMA 26 at $1.32, and SMA 50 at $1.39 form a layered ceiling, with the SMA 7 also identified as strong resistance in the Binance spot data. For price to recover, it would first need to clear immediate resistance at $1.26, then work through the SMA 7 and strong resistance at $1.27, beyond which the EMA 12 and SMA 200 cluster tightly at $1.28 — a denser overhead test within a single cent.

91 per Binance spot data on November 2, 2026, labelled neutral in the supplied data. The reading sits below the midpoint of 50 but above the conventional 30 threshold for deeply oversold conditions, quantifying the prevailing selling pressure without reaching an extreme level.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.