2018-10-3 10:12 |
Resistance Levels: $0.61, $0.63, $ 0.65
Support Levels: $0.53, $0.51, $0.49
Yesterday, October 2, the XRP price was in a bearish trend. The digital currency is now falling and approaching the $0.50 price level. If while in the bearish trend the $0.50 price level is broken the digital currency may find support at $ 0.45. Traders should look out for buy setups if the price falls to the low of $0.45; so as to initiate long trades.
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 a bearish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold suggesting bulls to take control of the market.
XRP/USD Short-term Trend: BearishOn the 1-hour chart, the XRP price is in a bearish trend. The digital currency fell to the low of $50 and price is consolidating at that level so as to negotiate another direction. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
origin »Ripple (XRP) на Currencies.ru
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