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XRP Price Prediction: Bulls Target Key Triangle Resistance as Binance Scarcity Index Hits 4-Year High

By Muthoni Mary

Ripple (XRP) price is up by 2.51% today, November 5, to trade at $1.30 at the time of writing. The gains follow a post-election rally across stocks and crypto assets after the Democratic Party’s win eased fears around escalating geopolitical tensions. Meanwhile, on-chain data shows that XRP is becoming scarce on…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Geopolitics

The way geography, resources and power shape relations and rivalries between countries.

Geopolitical tensions influence trade, energy prices and security around the world.

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