Crypto Price Analysis November-01: XRP, BNB, SOL, DOGE, and MKR

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Crypto Price Analysis November-01: XRP, BNB, SOL, DOGE, and MKR
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The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss. If buyers don’t return soon, this cryptocurrency may test the support at 48 cents again.

Considering the lack of a clear breakout, the price is stuck in a range that appears to become tighter. Eventually, BNB will have to escape it as it narrows around it. The current momentum does not give a clear path forward, but sellers could show up again to push the price to $550. Looking ahead, Solana is found at a decisive point. If buyers manage to hold firm during this pullback, it has a good chance to resume its uptrend.DOGE is one of the few coins that closed the week in green with a spectacular 13% price increase. This comes after bulls broke away from the resistance at 14 cents. Once the price escaped above this key level, buyers rushed in.

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