2018-9-21 16:51 |
Resistance Levels: $0.30, $0.32, $ 0.34
Support Levels: $0.26, $0.24, $0.22
Yesterday, September 20, the XRP price was in a bullish trend. The cryptocurrency is now in a smooth uptrend. Price is making a series of higher highs and higher lows. The digital currency is out of the previous range bound zone. Traders should look out for buy setups so as to initiate long trades. The cryptocurrency 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 a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 95 which indicates that price is in a bullish trend zone.
XRP/USD Short-term Trend: BullishOn the 1-hour chart, the XRP price is in a bullish trend. The XRP price reached the high of $0.49 and then retraced to resume its bullish movement. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, 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 BitcoinExcThe 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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