XRP Long-Term Price Forecast- December 15

2018-12-15 10:47

XRP /USD Price Long-term Trend: Bearish

Supply levels: $0.56, $0.58, $ 0.60
Demand levels: $0.25, $0.23, $0.21

The price of XRP had been in a bearish trend since April 2018. The price of XRP has fallen to the low of $0.29 as at the time of writing. The crypto’s price is below the exponential moving averages meaning that price is likely to fall. However, the stochastic bands are pointing downward above the 20% range which indicates that the cryptocurrency is likely to continue its fall. The crypto’s price is expected at the previous low of $0.24.

We shall initiate long trades as soon as the bears have exhausted their bearish pressure. Meanwhile, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. 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

$ 1.4389 (+0.09%)
Объем 24H $2.413b
Изменеия 24h: 1.58 %, 7d: -2.38 %
Cегодня L: $1.4252 - H: $1.4443
Капитализация $88.594b Rank 4
Цена в час новости $ 0.2835 (407.55%)

price xrp levels long-term trend bearish low

Источник: bitcoinexchangeguide.com

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