2018-10-4 10:40 |
Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.55, $0.53, $0.51
Yesterday, October 3, the XRP price was in a bearish trend. In the bearish trend, the digital currency fell to the low of $0.51 and commenced its bullish movement. At this point in time, traders ought to initiate long trades in anticipation of a bullish trend. Remember, the XRP price had been fluctuating between the levels of $0.50 and $0.60. Price is now approaching the upper level of price range.
The digital currency may face resistance at the $0.60 price level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.
XRP/USD Short-term Trend: BullishOn the 1-hour chart, the XRP price is in a bullish trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
origin »Ripple (XRP) на Currencies.ru
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