2018-11-20 10:44 |
Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.46, $0.44, $0.42
Yesterday, November 19, the price of XRP was in a bearish trend. The crypto's price broke the 12-day EMA and the 26-day EMA and fell to the low of $0.48. Price is fluctuating above the $0.48 price level. If price breaks the $0.50 price level to the upside the digital currency will resume its uptrend movement.
On the other hand, it will continue its range bound movement if it fails to break the $0.50 price level. The price of XRP is neither below nor above the 12-day EMA and the 26-day EMA indicating that price is the sideways trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the price of XRP is in sideways trend. Yesterday, the price fell to the low of $0.47 and commenced a range bound movement. Price is now fluctuating below and above the exponential moving averages. The price of XRP is neither below nor above the 12-day EMA and the 26-day EMA indicating that price is the sideways trend.
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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