2018-11-30 08:30 |
Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.30, $0.28, $0.26
Yesterday, November 29, the price of XRP was in a bearish trend. The bearish candlestick broke the 12-day EMA and the 26-day EMA to the downside. The price of the digital currency is now trading below the exponential moving averages.
If price ranges in the bearish trend zone, there is the tendency for the crypto to fall. For the crypto to rise, the price must break the EMAs and the $0.50 price level. Today, 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 above the zero line which indicates a buy signal.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the price of XRP is in a sideways trend. Yesterday, the crypto's price made a bullish movement and reach a high of $0.38. The digital currency had been resisted by the 26-day EMA and price is in the bearish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates the 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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