XRP Daily Price Forecast – August 3

2018-8-3 13:09

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.44, $0.45, $0.46
Support Levels: $0.43, $0.42, $0.41

Yesterday, August 2nd, XRP price was in a sideways trend. The cryptocurrency had been fluctuating at the bottom of the range bound zone. Since the XRP price is ranging at the bottom, more buyers are required to push price upward. The XRP price is currently at the support level of price. Traders can initiate long trades in anticipation of a bullish 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 46 which indicates that price is the sideways trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP price is ranging horizontally from the high of $0.45. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The XRP price is neither below nor above the 12-day EMA and the 26-day EMA which indicates that price is in a sideways trend zone.

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

$ 2.0932 (+0.31%)
Объем 24H $3.682b
Изменеия 24h: -0.23 %, 7d: -4.14 %
Cегодня L: $2.0344 - H: $2.0999
Капитализация $127.056b Rank 4
Цена в час новости $ 0.4375 (378.45%)

xrp price levels bottom trend august bound

Источник: bitcoinexchangeguide.com

xrp price → Результатов: 126


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XRP Dominates Institutional Inflows, But Why Is Price Still Low?

XRP is at the center of the institutional flows, leading the crypto market in streaks of capital inflows even as its price is locked around $2. Recent data shows that money is still entering into Spot XRP ETF products, but despite this steady demand and a clear shift toward bullish sentiment across social platforms, XRP’s spot price has struggled to break higher, and this raises questions as to why inflows and price action appear out of sync.

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