2018-12-13 09:17 |
Yesterday, December 12, the XRP price was in a bullish trend. The XRP price has been stable at the $0.30 price level. The bulls made attempt yesterday by breaking the 12-day EMA and 26-day EMA to the upside. However, the bulls were resisted at the $0.32 price level. The bears were breaking the 12-day EMA and the 26-day EMA to the downside.
Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.
XRP/USD Short-term Trend: BearishOn the 1-hour chart, the price of XRP is in a bullish trend. The crypto’s price is already in the bullish trend zone. Yesterday, the bulls made a bullish movement and broke the 12-day EMA and the 26-day EMA to the high of $0.31.
Later, the bulls were resisted and the price fell to the downside.Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.
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