Bitcoin and all the major altcoins, including XRP, were trading in green over the past day. Consequently, altcoins like Tezos and Axie Infinity (AXS) mimicked them as they registered gains on their daily charts. However, near-term technicals for both the cryptos pointed at possible ease in bullish vigor.
On the other hand, XRP showed positive signs in the near term.
TradingView, XRP/USDT
After plunging to its four-week low on 27 October, XRP bulls triggered an uptrend as the price action witnessed a nearly 10.3% Weekly ROI. As a result, the price broke its immediate resistance at $1.2260 to touch its two-month high on 4 November. However after that, the price action saw a slight pullback as bears tried to exert pressure.
However, the
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