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

Yesterday, October 25, the XRP price was in a bearish trend. The crypto’s price is fluctuating above the $0.46 price level. The price bars of XRP  are fluctuating above the $0.46 price level indicating that price is in a sideways trend. The crypto’s price is ranging because of the indecision between the buyers and sellers. However, price is likely to rise to test the $0.50 price level.

A price breakout is expected after the range bound movement. Nevertheless, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

On the 1-hour chart, the XRP price is in the bearish trend. 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 at par with the zero line which indicates a neutral 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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