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

Yesterday, November 5, the XRP price was in a sideways trend. The digital currency was resisted at the price of $0.47 and it commenced a range bound movement. Today, the crypto is in a bullish trend and the previous high of $0.47 has been broken. As the $0.47 price level was broken the crypto's price is rallying at the $0.50 price level.

The digital currency is expected to resume its uptrend. The XRP price is expected to reach the high of $0.60. Nevertheless, 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.

On the 1-hour chart, the XRP price is in a bullish trend. The crypto's price reached the high of $0.51 and was resisted. 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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