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XRP Trades at $1.25 as Price Outlooks Split on $1.35 Timing

A short-term model projects $1.35 for Nov. 7. A separate outlook targets $1.28 in November and places $1.35 in December.

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Two metal paths diverge beside a plain token. / TokenPost.ai
Two metal paths diverge beside a plain token. / TokenPost.ai

XRP (XRP) traded at $1.25 early Tuesday as two price outlooks placed a possible move to $1.35 on different timelines, leaving their November targets apart.

At 1:18 a.m. ET (06:18 UTC) Nov. 3, XRP was down 0.41% over 24 hours. Its 24-hour trading range on Binance, a cryptocurrency exchange, was $1.24 to $1.26 at 1:18 a.m. ET (06:18 UTC) Nov. 3.

A short-term model projected $1.35 for Nov. 7, using $1.25 as its reference price. The separate monthly outlook set a November target of $1.28 within a $1.20 to $1.33 range. It placed $1.35 in December, within a wider projected range of $1.20 to $1.43.

The monthly outlook depends on XRP holding near $1.20 in November. A daily close below $1.20 would make trading between $1.10 and $1.20 more likely for that month under its downside scenario.

Its December case also assumes XRP moves back above its 20-day and 100-day exponential moving averages during November. Those conditions distinguish the monthly outlook from the short-term model’s Nov. 7 projection.

The $1.25 level featured in earlier XRP chart scenarios, which mapped a possible move toward $1.40 if XRP held above it and toward $0.98 if XRP fell below it. Those scenarios were separate from the two forecasts here.

The first dated target is the short-term model’s $1.35 projection for Nov. 7.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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