XRP Daily Price Forecast – January 4

2019-1-4 09:41

XRP/USD Medium-term Trend: Bearish Resistance Levels: $ 0.61, $0.63, $ 0.65 Support Levels: $0.36, $0.34, $0.26

Yesterday, January 3, the XRP price was in a bearish trend. The crypto’s price broke the 12-day EMA and the 26-day EMA to the low of $0.36. The crypto’s price has reached one of the critical price levels. However, if the bearish trend continued and the bears break below the $0.36 price level, the crypto will find support at either $0.33 or $0.34 price level.

On the other hand, the crypto’s price has to break above the EMAs for the crypto to commence its bullish movement. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. On January 3, the bears broke below the 12-day EMA and the 26-day EMA and commenced a range bound movement. The crypto’s price is ranging at the $0.36 price level for a possible price breakout.

If the price breaks below the $0.36 price level, the crypto will find support at the $0.34 or $0.33 price level. Meanwhile, the stochastic indicator is out of the oversold region but above the 80% range indicating that XRP price is in a bullish momentum and 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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Ripple (XRP) на Currencies.ru

$ 0.5085 (-0.35%)
Объем 24H $1.019b
Изменеия 24h: -0.35 %, 7d: -2.98 %
Cегодня L: $0.4973 - H: $0.5173
Капитализация $28.918b Rank 7
Цена в час новости $ 0.3597 (41.37%)

price xrp levels bearish crypto trend january

Источник: bitcoinexchangeguide.com

price xrp → Результатов: 126


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