[ad_1]
Medium-term trend XRP / USD: bullish
- Resistance levels: $ 0.61, $ 0.63, $ 0.65
- Support levels: $ 0.29, $ 0.28, $ 0.26
Yesterday, December 17, the XRP price was in an uptrend. The price of the crypt broke resistance at $ 0.32 and is approaching the price at $ 0.35. The bulls can resist again at the price level of $ 0.35. However, the stochastic indicator reached the overbought region above the 80% range.
That is, the XRP price has a strong bullish momentum and a buy signal. The crypt is likely to continue its upward movement. Meanwhile, the price of the crypt is higher than the 12-day EMA and the 26-day EMA indicates that the price is in the uptrend zone. Furthermore, the MACD line and the signal line are above the zero line indicating a purchase signal line.
Short-term trend XRP / USD: bullish
In the 1 hour chart, the price of XRP is in an uptrend. Yesterday, the 12-day EMA worked as support while the price made a bullish movement at previous levels. The crypt is testing resistance at the price level of $ 0.35.
If the bulls break resistance at $ 0.35, the crypt will reach the previous levels of $ 0.45 and $ 0.50. Meanwhile, the price of the crypt is higher than the 12-day EMA and the 26-day EMA indicates that the price is expected to rise. Furthermore, the MACD line and the signal line are above the zero line indicating a sales signal
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
[ad_2]Source link
