XRP Daily Price Forecast – October 31

2018-10-31 10:10

XRP/USD Medium-term Trend: Ranging

Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.40, $0.38, $0.36

Yesterday, October 30, the XRP price was in a bearish trend. The crypto’s price fell to the low of $0.44 and it is now fluctuating above that level. There is a tendency that the price of XRP is likely to fall. If the crypto’s price falls and breaks the $0.44 price level, XRP will find support at $0.37.

If the price does fall, traders should look out for buy setups in anticipation of a bullish trend. 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 the bearish trend zone.

XRP/USD Short-term Trend: Ranging

On the 1-hour chart, the XRP price is in the sideways trend. 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. The 12-day EMA acts as a resistance to the digital currency. However, 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

$ 1.4355 (-0.44%)
Объем 24H $5.458b
Изменеия 24h: -10.41 %, 7d: -23.68 %
Cегодня L: $1.4196 - H: $1.5362
Капитализация $87.447b Rank 5
Цена в час новости $ 0.4814 (198.19%)

xrp price levels trend october fell low

Источник: bitcoinexchangeguide.com

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