XRP (CRYPTO: XRP) rebounded 2% after tagging an important support level, with derivatives traders trying to push the price higher.

Bulls Defend Long-Term Trendline Support

Price Prediction of XRP as of November 26th (Source: TradingView)

The rebound carried price back above the 20 EMA at $2.20, confirming that short-term trend strength has returned.

XRP price still faces a dense resistance band formed by the 50 EMA at $2.37, the 100 EMA at $2.52, and the 200 EMA at $2.52.

The next major test sits at the 0.5 Fibonacci level at $2.26, followed by the 0.618 level at $2.31. 

A daily close above both levels may open a path toward $2.52, where trendline resistance converges with long-term moving…

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