XRP Daily Price Forecast – November 16

2018-11-16 10:28

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42

Yesterday, November 15, the XRP price was in a bullish trend. The crypto’s price fell to its previous low of $0.46 but the bulls took price to the high of $0.48. The price of the digital currency is still below the 26-day EMA. Price has broken the 12-day EMA to the upside. For the cryptocurrency to resume its uptrend it must break the $0.50 price level. Traders are to keep their long trades open as the bullish trend progresses. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The price of the digital currency fell to the low of $0.45 but the bulls took price to the high of $0.48.The crypto’s price is now above the 12-day EMA and the 26-day EMA indicating that price is in the bullish trend zone. In addition, 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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Ripple (XRP) на Currencies.ru

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price xrp bullish trend levels november previous

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