XRP Daily Price Forecast – August 7

2018-8-7 11:06


XRP/USD Medium-term Trend: Bearish

Resistance Levels: $0.40, $0.41, $ 0.42
Support Levels: $0.39, $0.38, $0.37

Yesterday, August 6th, the XRP price was in a bearish trend. The bearish trend resulted in compelling the XRP price to break out of the range-bound zone of $0.51 and $0.43. Today, XRP price has continued its downward fall. Price of the cryptocurrency has reached the low of $0.40 as at the time of writing.

However, the MACD line and the signal line are below the zero line which indicates a sell 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 continuing. Nevertheless, the relative strength index period 26 which indicates that the market is oversold suggesting bulls to take control of the market.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP price is in a bearish trend. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. If the XRP price continues its downward fall, the support level would be breached.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 1.1139 (+0.91%)
Объем 24H $6.713b
Изменеия 24h: 1.63 %, 7d: 53.01 %
Cегодня L: $1.0851 - H: $1.1536
Капитализация $63.414b Rank 6
Цена в час новости $ 0.411 (171.02%)

xrp price trend bearish august levels range-bound

xrp price → Результатов: 126


Фото:

XRP Price Prediction: XRP To Reach A Project Price Of $5, While This Solana Killer Eyes 20,000% Gains

Finally, the XRP price is eyeing a long-anticipated breakthrough to the $5 mark. With recent market dynamics in play, the XRP price has positioned itself for an increase, but there’s a new player in the spotlight: WallitIQ (WLTQ), a crypto asset that’s gaining attention as a potential “Solana killer.” Analysts […]

2024-11-11 03:00


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So

The reason behind the stagnant XRP price growth has remained a mystery, with many crypto analysts pointing to legal disputes and market volatility as key factors holding back its momentum. However, even during favorable market conditions and after gaining legal clarity following multiple Ripple Court wins against the United States Securities and Exchange Commission (SEC), XRP has still failed to experience a notable upward surge.

2024-10-16 23:00


XRP Price Set for Explosive Rally, Analyst Shares Timeline

XRP is getting close to a crucial level, and experts expect an upcoming breakout. Analyst EGRAG CRYPTO tweeted that XRP is likely to swing s in price during the next 15 to 30 days.  Complementing a thorough chart, the tweet highlighted important levels of support and resistance, therefore suggesting possible price targets for the short […] The post XRP Price Set for Explosive Rally, Analyst Shares Timeline appeared first on CaptainAltcoin.

2024-10-16 22:30


XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10

A recent analysis by a crypto analyst identified as ’Steph The Crypto’ is riling up the Ripple (XRP) community, as the analyst predicts a rapid surge in XRP’s price to $40. This pump could potentially place Ripple (XRP) in competition with top cryptocurrencies like Dogecoin, and ETFSwap (ETFS), both expected to experience explosive gains— Dogecoin […] The post XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10 appeared first on CaptainAltcoin.

2024-9-18 16:00