2018-12-21 10:52 |
Yesterday, December 20, the XRP price was in a bullish trend. The crypto's price is above the 12-day EMA and the 26-day EMA but price is currently breaking the 12-day EMA. The XRP price is currently approaching the $0.37 price level after failing to break the $0.40 price level. However, if price breaks the 12-day EMA and the 26-day EMA to the downside, the crypto will resume its downward trend. Then, we expect the crypto to fall to the previous low of $0.33.
XRP/USD Short-term Trend: BearishOn the 1-hour chart, the price of XRP is in a bearish trend. The crypto’s price has broken the 12-day EMA , the 26-day EMA and fallen to the bearish trend zone which indicates that price is likely to fall.
In addition, if price breaks the $0.35 price level, the crypto will find support at the $0.33 price level. Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates a sell signal line.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
origin »Ripple (XRP) на Currencies.ru
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