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XRP trades below key resistance, echoing 2016 setup before major 2017 rally, but breakout not yet confirmed.

Technical Signals
13 Nov 2026, 00:10 WIB
Tokenpost
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Neutral
XRP trades below key resistance, echoing 2016 setup before major 2017 rally, but breakout not yet confirmed.

A chart shared on social media compares XRP's current price action to its pattern before the 2017 rally. XRP is trading below a descending resistance line, similar to 2016 when it stayed under resistance before breaking out and rallying for 306 days. The current setup shows XRP still facing resistance and pulling back, with no confirmed breakout yet. This comparison highlights a potential bullish scenario but does not guarantee a repeat of the past rally.

As of Nov 13, 2026 05:22 WIB, XRP is trading at Rp18.824 on Pluang, down 1.79% in the past day. The platform shows a market cap of Rp1.206,4 trillion and a 24-hour trading volume of Rp34,12 trillion. Despite the chart comparison to 2017’s rally, XRP remains under resistance with 44% of Pluang orders selling and 56% buying, reflecting cautious market sentiment.

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