XRP Daily Price Forecast – October 18

2018-10-18 10:46

XRP/USD Medium-term Trend: Bullish

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

Yesterday, October 17, XRP price was in a bullish trend. On October 15, XRP had a price rally and price reached the high of $0.52 but pulled back to the low of $0.46. The price fell because of the resistance at $0.50. However, price continued its bullish movement to the high of $0.49 but was resisted again and it fell to the low of $0.48.

The price is now in a range bound movement at the $0.48 price level. The crypto's price is making attempt to break the resistance at $0.50. 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.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in a sideways trend. Meanwhile, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. The crypto's price is likely to rise as the price is in the bullish trend zone.

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

$ 3.035 (-0.29%)
Объем 24H $4.528b
Изменеия 24h: -3.28 %, 7d: -2.08 %
Cегодня L: $3.0161 - H: $3.0454
Капитализация $175.13b Rank 3
Цена в час новости $ 0.4652 (552.41%)

price xrp october bullish trend levels reached

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