2018-11-1 10:58 |
Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36
Yesterday, October 31, the XRP price was in a sideways trend. On October 29, the digital currency fell the low of $0.44 and commenced a range bound movement. On October 31, the crypto’s price made a bullish movement to the high of $0.45 and commenced another range bound movement.
Price is now hovering above the exponential moving averages indicating that the XRP price is likely to rise. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the XRP price is in the sideways trend. The crypto’s price reached the low of $0.43 and made a bullish movement to the high of $0.45. The crypto's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. However, 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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