Ripple (XRP) Daily Price Forecast – July 31

2018-7-31 13:03

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.46, $0.45, $ 0.44
Support Levels: $0.44, $0.43, $0.42

Yesterday, July 30, XRP price was in a sideways trend. The XRP price is yet to make any significant movement. However, the bears have pushed the price to the bottom of the range bound zone. The XRPUSD pair has no enough buyers to push XRP price to the resistance level of the range bound zone. Meanwhile, the XRP price will continue its sideways trend.

Nevertheless, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Nevertheless, the relative strength index period 14 is level 32 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Ripple (XRP) на Currencies.ru

$ 1.429 (+0.01%)
Объем 24H $2.45b
Изменеия 24h: 0.70 %, 7d: 0.26 %
Cегодня L: $1.4186 - H: $1.4341
Капитализация $87.197b Rank 4
Цена в час новости $ 0.43745343 (226.66%)

xrp price trend levels july movement however

Источник: bitcoinexchangeguide.com

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