XRP Daily Price Forecast – January 16

2019-1-16 09:56

XRP/USD Medium-term Trend: Bearish Resistance Levels: $ 0.61, $0.63, $ 0.65 Support Levels: $0.32, $0.30, $0.28

Yesterday, January 15, the XRP price was in the bearish trend zone. The crypto’s price fell to the low of $0.33 and commenced a bullish movement to the 12-day EMA and the 26-day EMA. Since the crypto’s price is below the EMAs, XRP price may likely fall again.

The crypto may revisit the previous low of $0.32. Meanwhile, the stochastic indicator is out of the overbought region but above the 20% range indicating that XRP price is in a bullish momentum and a buy signal. The MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bearish trend zone. On January 15, the crypto’s price fell to its low at $0.32 and commenced a bullish movement. The bulls are testing the 12-day EMA and the 26-day EMA with a view to breaking them. The XRP price will rise if the bulls break above the EMAs.

The stochastic is out of the oversold region but above the 80% range which indicates that price is in a strong bullish momentum and a buy signal. 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

$ 1.3327 (+0.13%)
Объем 24H $2.523b
Изменеия 24h: -3.34 %, 7d: 1.19 %
Cегодня L: $1.3292 - H: $1.3561
Капитализация $81.834b Rank 5
Цена в час новости $ 0.3283 (305.94%)

price xrp bearish crypto trend levels january

Источник: bitcoinexchangeguide.com

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