As the last working day of the week comes to an end, we are now heading towards November. Investors are buying Bitcoin this month
$110,037.86 He saw both the peak and the bottom. In altcoins, we experienced declining days in general. Although the Bitcoin price recovered relatively, cryptocurrencies could not approach their peaks this month. Martinez wrote what level XRP Coin will target as of tomorrow.
XRP Coin Target
Ripple
$2.49 Prime was announced and XRPL 3 companies were acquired this year for its growth. The case is over, ETF approval is imminent, but those who look at the XRP Coin chart cannot say the same. Altcoins, which are experiencing a decline with increasing tension, do not care about this despite the agreement reached with China. On the other hand, it also lacks volume.
of XRP Coin Seeing that it could not overcome the resistance point, analyst Ali Martinez shared the current chart and wrote that the popular altcoin could find support at $ 2 in the new month. If closings above $2.6 begin again, this bearish scenario may be shelved.

Volatility Begins in Cryptocurrencies
Some analysts MACD intersectionLooking at the time since the bottom of the bear season and the weekly RSI, he says that we have now come to the end of the bull markets. However, those who disagree with them are still in the majority. This is because strategic reserve moves and regulations herald more capital for cryptocurrencies. Several major financial institutions will launch crypto services next year.
DaanCrypto, on the other hand, looks at the volatility index and says that a very active period awaits us in cryptocurrencies.
“of BTC The Volatility Index saw a small increase in October. This happened after it reached an all-time high and the major liquidation event on October 10.
Since then, liquidity has been low and the market has been moving within a few percent daily. This is a situation we have rarely seen in previous months.
“Combine this with the last phase of the cycle and TradFi being volatile as well, and you get a good combination for a lot of action.”

Washigorira is also one of those who think that the nape of the neck should not be darkened. According to him, if the $ 107,300 level is not lost permanently, the upward structure will not be disrupted. However, in a losing scenario, BTC may drop to 100 thousand dollars.


