Altcoins
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In recent days, the cryptocurrency market has shown an uncertain growth, however, the owners of the XRP token issued by Ripple are confident in the positive movement of the price of the token by the end of November.
As it turns out, most of the CoinMarketCap crypto community expects XRP to trade at an average price of $0.4632 on November 30, 2022. This data was collected using the platform’s pricing tool on October 31st.
With 1346 votes, the community expects XRP to rise by $0.01357 or 3.02% from its current price of $0.4496 by the end of November.
XRP value estimate as of November 30, 2022 Source: CoinMarketCap
However, in the long term, holders are not optimistic about the price of XRP by the end of the year, expecting the token to trade at $0.418 on December 31st, $0.03163 or 7.03% below the current price.
On the evening of October 31st, XRP changed hands at $0.4496, reflecting a 2.76% drop on the day, as well as 0.33% the previous week, for a total monthly loss of 5.80 %.
Since the beginning of 2022, the price of this token, like many other altcoins, has followed a downward trend, falling by 45.83%.
XRP price chart since the beginning of the year. Source: Finbold
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