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Altcoins & DeFi

XRP Price Outlook for November: One Level Remains Critical After Schwartz's Reply

Image: Crypto Daily

Three Things to Know David Schwartz told angry XRP holders that Ripple has no secret plan to lift the token's price. XRP's daily momentum gauge sits deep in oversold territory, yet sellers still control the trend. The August low near 99 cents is the floor that could decide where XRP heads in November. Ripple CTO Emeritus David Schwartz has told frustrated XRP holders there is no hidden strategy behind the token. He said the price mostly follows the wider crypto market. That message lands as XRP sits close to a key floor after a heavy selloff. Ripple's banking and stablecoin deals keep growing, but the token has not benefited. Traders now watch whether buyers can defend the August low.

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