XRP Daily Price Forecast – November 7

2018-11-7 17:27

XRP/USD Medium-term Trend: Bullish

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

Yesterday, November 6, the XRP price was in a bullish trend. The crypto’s price broke the $0.47 price level and price rallied at the $0.50 price level. Today, the digital currency reached the $0.55 price level and was resisted. Presently, the crypto fluctuates between the levels of $40 and $60.

The XRP price  is facing resistance at the price of $0.60. However, the price was resisted at the $0.55 price level and it is retracing to the previous low. 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 below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. The XRP’s price is below the 12 days EMA and the 26-day EMA which indicates that price is bearish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates 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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Ripple (XRP) на Currencies.ru

$ 1.3357 (+0.48%)
Объем 24H $2.523b
Изменеия 24h: -2.60 %, 7d: 1.21 %
Cегодня L: $1.3292 - H: $1.3561
Капитализация $82.017b Rank 5
Цена в час новости $ 0.5052 (164.39%)

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Источник: bitcoinexchangeguide.com

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