Coin News

XRP and BNB Price Analysis for November 11

11 Nov, 20222 min readAnalytics
XRP and BNB Price Analysis for November 11

The cryptocurrency market keeps rising after yesterday's reversal.

XRP/USD

XRP is one of the biggest rising coins today, going up by 7.40%.

On the daily chart, XRP is likely to continue the rise if the bar closes near the $0.40 level or above it. In this case, the upward move might be possible to the resistance at $0.4380.

Thus, the rising buying volume is also a prerequisite for possible growth soon.

XRP is trading at $0.3924 at press time.

BNB/USD

Binance Coin (BNB) is following the rise of XRP, growing by 6.38% over the past 24 hours.

Despite today's rise, Binance Coin (BNB) has not returned to the bullish zone yet as the price is still below the $300 mark. In this case, bears keep controlling the situation, which is also confirmed by the low volume. If the situation does not change, a further drop might happen on the weekend.

BNB is trading at $296.6 at press time.

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