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XRP, Solana, OMG Price Analysis: 10 November
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During the recent bull run, XRP hit its nine-week high, OMG attained its 3.5-year high, whereas Solana hit its ATH. However, the current price action for all the above cryptocurrencies saw a retracement as near-term technicals preferred the sellers. Nevertheless, Solana technicals hinted at a possible revival from the correction phase.
XRP
Source: TradingView, XRP/USDT
After slipping to its four-week low on 27 October, XRP bulls took over and exerted sustained pressure. As a result, XRP formed an ascending parallel channel for over two weeks after noting a 12.1% 14-day ROI.
The price rallied to crack its immediate resistance at $1.2260 and touched its nine-week high on 8 November. However, it saw a withdrawal and bounced back between the
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