XRP Daily Price Forecast – October 19

2018-10-19 10:24

XRP/USD Medium-term Trend: Bearish

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

Yesterday, October 18, XRP price was in a bearish trend. On October 18, the crypto's price fell as a result of its inability to break the resistance level at $0.50. Price has fallen to the low of $0.46. The digital currency is now fluctuating above the $0.46 price level. If the crypto's price falls again, it will find support at $0.45.

Traders should initiate long trades if price holds at that level. Then a stop loss order below the $0.45 price level. 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 below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The MACD indicates that the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are below the zero line which indicates a sell 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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Ripple (XRP) на Currencies.ru

$ 1.3399 (-0.19%)
Объем 24H $2.45b
Изменеия 24h: -1.89 %, 7d: -1.09 %
Cегодня L: $1.3366 - H: $1.3561
Капитализация $82.277b Rank 4
Цена в час новости $ 0.454 (195.13%)

price xrp october resistance levels bearish trend

Источник: bitcoinexchangeguide.com

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