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

Yesterday, October 15, XRP price had a price rally where it's price reached the high of $ 0.52 but was repelled. However, price pulled back to the low of $0.46. The XRP price also has a challenge at the $0.50 price level. The cryptocurrency had not been able to break the resistance level at $0.50 since October 6, 2018, which caused XRP price to fall.

The crypto's price is now fluctuating above the $0.45 price level. Price is likely to rise as the price is nearing the bullish trend zone. 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 a bullish trend is ongoing.

On the 1-hour chart, the XRP price is in a sideways trend. The crypto's price and exponential moving averages are horizontally flat. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising.

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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