XRP Daily Price Forecast – December 13

2018-12-13 09:17

XRP/USD Medium-term Trend: Ranging Resistance Levels: $ 0.61, $0.63, $ 0.65 Support Levels: $0.30, $0.28, $0.26

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: Bearish

On 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.

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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price xrp levels yesterday trend ema december

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