Ripple (XRP) Daily Price Forecast – July 27

2018-7-27 11:11

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $0.47, $0.48, $ 0.49
Support Levels: $0.44, $0.43, $0.42

Yesterday, July 26th, the price of Ripple was also fluctuating between the levels of $0.51 and $0.43. The cryptocurrency is still within the range-bound zone. Price is falling to the low of $0.43 and if the support level of the range bound zone is broken, then Ripple price will find another support at $0.33. If the bulls hold the price at the support level of the range bound zone, then traders should initiate long trades.

A stop loss should be placed below the support level. Nevertheless, the price of Ripple is below the 12-day EMA and the 26-day EMA which indicates that Ripple price is falling. Also, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. Nevertheless, the relative strength index period 14 is level 41 which indicates that price is in a sideways trend.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Ripple is in a bearish trend. The MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the price of Ripple is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is continuing.

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

$ 0.5191 (-0.17%)
Объем 24H $1.171b
Изменеия 24h: -2.73 %, 7d: 0.88 %
Cегодня L: $0.5187 - H: $0.5209
Капитализация $28.675b Rank 7
Цена в час новости $ 0.451593 (14.95%)

levels price ripple xrp july support cryptocurrency

Источник: bitcoinexchangeguide.com

levels price → Результатов: 126


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