How high can XRP price go in November?

💡 DMK Insight

XRP’s current price of $2.64 is at a pivotal moment, with bullish momentum fueled by Evernorth’s $1 billion accumulation. This significant investment is likely to create a supply shock, as it reduces available XRP on exchanges, potentially driving prices higher. Traders should watch for resistance around $3, which could be a key breakout level. If XRP can maintain momentum and close above this threshold, it might attract more retail and institutional interest, further amplifying its upward trajectory. However, be cautious of volatility; a pullback could occur if profit-taking kicks in. Keep an eye on trading volumes and market sentiment, as these will be crucial indicators of whether XRP can sustain its bullish run. If volumes spike alongside price increases, it could signal strong buying interest, making $3 a realistic target in the near term.