XRP Long-Term Price Forecast- January 26

2019-1-26 08:19

XRP /USD Price Long-term Trend: Ranging Supply levels: $0.56, $0.58, $ 0.60 Demand levels: $0.30, $0.28, $0.26

The  XRP/USD pair was in a bearish trend zone. The crypto has an opening balance of $0.37 in the month of January 2019. The XRP price commenced trading on a range bound movement at the beginning of January 2019. On January 10, the bears broke the 12-day EMA, the 26-day EMA and price fell to the low of $0.33.

On January 13, the crypto fell again to the low of $0.31 to commence a range bound movement. The XRP price is in a tight range bound movement as it fluctuates between the levels of $0.32 and the $0.34. The MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

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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