XRP Daily Price Forecast – November 15

2018-11-15 09:42

XRP/USD Medium-term Trend: Bearish

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41

Yesterday, November 14, the XRP price was in a sideways trend. Price was fluctuating above the $0.51 price level when the crypto had a bearish breakout. The bearish breakout broke the $0.50 price level, the 12-day EMA and the 26-day EMA. The digital currency fell to the previous low of $0.46. Presently, the price is consolidating at the $0.46 price level.

If price holds at that level, traders should initiate long trades at the current market price. Then a stop loss should be placed below the support level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.

XRP/USD Short-term Trend: Bearish

On the 1-hour chart, the XRP price is in a bearish trend. The crypto's price fell to the low of $0.46 and commenced a range bound movement. The XRP’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.

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

$ 1.3869 (-0.24%)
Объем 24H $2.01b
Изменеия 24h: -3.21 %, 7d: -9.46 %
Cегодня L: $1.3859 - H: $1.4388
Капитализация $85.077b Rank 5
Цена в час новости $ 0.4531 (206.09%)

price bearish xrp trend breakout level levels

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