XRP Daily Price Forecast – January 8

2019-1-8 09:51

XRP/USD Medium-term Trend: Bearish Resistance Levels: $ 0.61, $0.63, $ 0.65 Support Levels: $0.34, $0.32, $0.26

Yesterday, January 7, the XRP price was in a bullish trend. The crypto’s price was retracing after the resistance at the $0.38 price level. Today, the bears have finally broken the 12-day EMA and the 26-day EMA. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

The crypto’s price is approaching the $0.36 price level, if this level is broken, the crypto will find support at the lows of $0.33 and $0.34. Meanwhile, the stochastic indicator is in the oversold region but below the 20% range indicating that XRP price is in a bearish momentum and a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend zone. The crypto’s price had tested the $0.38 resistance level and retraced on three occasions before finally repelled. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that the bearish pressure is likely to continue. Meanwhile, the stochastic indicator is approaching the oversold region but above the 20% range indicating that XRP price is in a bearish momentum and a sell 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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$ 1.3517 (-0.27%)
Объем 24H $3.213b
Изменеия 24h: -3.62 %, 7d: -5.29 %
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price xrp resistance levels ema trend january

Источник: bitcoinexchangeguide.com

price xrp → Результатов: 126


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