XRP Daily Price Forecast – November 5

2018-11-5 10:16

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Last week, the XRP price was fluctuating above the $45 price level. On November 4, the digital currency had a bullish movement to the high of $ 0.47. The digital currency was resisted at the $0.47 price level. The crypto's price had difficulty in breaking the $0.47 price level since October 23, 2018. Nevertheless, the price of XRP is still above the exponential moving average indicating that price is likely to rise.

If price breaks the $0.47 price level, the digital currency will rally above the $0.50 price level. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy 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: Bullish

On the 1-hour chart, the XRP price is in a bullish trend after breaking 12-day EMA. The XRP's price is above the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, 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

$ 2.5327 (-0.95%)
Объем 24H $2.396b
Изменеия 24h: -2.43 %, 7d: -6.89 %
Cегодня L: $2.5261 - H: $2.5922
Капитализация $146.611b Rank 3
Цена в час новости $ 0.5032 (403.32%)

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