2018-9-4 15:04 |
Resistance Levels: $0.40, $0.35, $ 0.30
Support Levels: $0.30, $0.25, $0.20
Yesterday, September 3, XRP price was in a sideways trend. The cryptocurrency is still range bound between the levels of $0.36 and $0.30. There had been no significant price movement as the price was stagnant. The price of XRP was trading at $0.33 for the past three days. Today, the price of the cryptocurrency is likely to continue its range bound movement.
However, 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. Nevertheless, the Relative Strength Index period 14 is level 45 which indicates that price is in the sideways trend zone.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the XRP price is in a sideways trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. Also, 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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