XRP Daily Price Forecast – November 2

2018-11-2 09:27

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, November 1, the XRP price was in a bullish trend. The crypto's price was hovering above the exponential moving averages indicating that the XRP price was likely to rise. Today, the digital currency is in a bullish trend. Traders should initiate long trades at the current market price and a stop loss order should be placed below the $0.45 price level.

Nevertheless, the digital currency is likely to face resistance at the $0.48 price level. 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 above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The XRP's price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy 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

$ 2.6846 (+0.31%)
Объем 24H $4.894b
Изменеия 24h: 6.25 %, 7d: 8.94 %
Cегодня L: $2.6625 - H: $2.6899
Капитализация $155.222b Rank 3
Цена в час новости $ 0.5311 (405.48%)

xrp price bullish trend levels november indicating

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