2018-9-28 09:33 |
Resistance Levels: $0.52, $0.54, $ 0.56
Support Levels: $0.46, $0.44, $0.42
Yesterday, September 27, the XRP price was in a sideways trend. Yesterday, it was still ranging above the $0.51 price level before it embarked on a bullish trend to the high of $0.54. Today, XRP price is retracing from the high of $0.54. The cryptocurrency is expected to rise but will face resistance at a price 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 58 which indicates that the price is in the sideways trend zone.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the XRP price is in a sideways trend. The digital currency is gradually appreciating again as it makes a bullish movement to the high of $0.52 and ranges at that level. It went up again and ranges at the price of $0.54. The XRP price is above the 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 BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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