Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26

Yesterday, November 27, the price of XRP was in a bullish trend. The crypto's price broke the 12-day EMA while in a bullish trend. The 12-day EMA now acts as a support as the XRP price breaks the 26-day EMA. However, if price breaks the 26-day EMA to the upside and remains above it, traders should look out for buy setups to initiate long trades.

A stop-loss order should be placed below the $0.33 price level. Today, 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. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

On the 1-hour chart, the price of XRP is in a bullish trend. The price of the digital currency is above the 12-day and the 26-day EMA indicating that price is in the bullish trend zone. Meanwhile, the MACD line and the signal line are above the zero line which is 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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