XRP Daily Price Forecast – November 23

2018-11-23 09:40

XRP/USD Medium-term Trend: Bearish

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

Yesterday, November 22, the price of XRP was in a bearish trend. On November 22, the crypto's price was resisted by the 12-day EMA and price resumed its downward trend. This current bearish movement may see the digital currency depreciating to the low of $0.38.

The crypto's price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of XRP is in a bearish trend. On November 23, the crypto's price was resisted by the 12-day EMA and price fell in a downward trend. The digital currency is approaching the $0.42 price level and it is expected to depreciate further.

The price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. Also, 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

$ 1.8638 (+0.03%)
Объем 24H $1.033b
Изменеия 24h: -0.45 %, 7d: -3.19 %
Cегодня L: $1.8559 - H: $1.8676
Капитализация $112.898b Rank 5
Цена в час новости $ 0.3496 (433.12%)

price xrp bearish trend november levels ema

Источник: bitcoinexchangeguide.com

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