XRP Daily Price Forecast – December 5

2018-12-5 08:15

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, December 4, the XRP price was in a bearish trend. Yesterday, the XRP price was ranging below the 12-day EMA and the 26-day EMA. That is it fell to the low of $0.34  and immediately pulled back to the high of $0.36. Today, the crypto's price has been resisted by the 12-day EMA and it is falling.

Remember that the XRP price fluctuates between the levels of $0.34 and $0.40. The bearish trend will find support at $0.34 price level while the bullish trend will face resistance at the $0.40 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is likely to fall. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal line.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the price of XRP is in a sideways trend. On December 4, the digital currency fell to the low of $0.35 and commenced a range bound movement below the 12-day EMA and the 26-day EMA. The 12-day EMA and the 26-day EMA are horizontally flat indicating the sideways trend. The crypto's price is likely to fall since the price is below the EMAs.

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

$ 1.8864 (+0.01%)
Объем 24H $2.452b
Изменеия 24h: -2.13 %, 7d: -2.39 %
Cегодня L: $1.8667 - H: $1.9068
Капитализация $114.263b Rank 5
Цена в час новости $ 0.3483 (441.6%)

xrp price ema yesterday levels trend bearish

Источник: bitcoinexchangeguide.com

xrp price → Результатов: 126


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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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