Daily forecast of XRP prices – December 27th

Medium-term trend XRP / USD: variable

• Resistance levels: $ 0.61, $ 0.63, $ 0.65
• Support levels: $ 0.29, $ 0.28, $ 0.26

Yesterday, December 26, the price of XRP was in a lateral trend. From December 25, the price of XRP ranged from $ 0.37. There have been no significant price movements in the last 24 hours, apart from the range range movement. The price of the crypt will split below or above the $ 0.37 level in a couple of days to come.

On the downside, if the crypts price continues to fall below the $ 0.37 level, the crypt will find support at $ 0.33 or $ 0.29. On the other hand, the price of the crypt can increase if the price breaks the EMA of 12 days and the 26th day on the upside and remains above it. Meanwhile, the Stochastic indicates that the XRP has a bullish moment and a buy signal as the indicator is outside the oversold region but above the 20% range.

Short-term trend XRP / USD: variable

In the 1 hour chart, the price of XRP is in a lateral trend. The price of the crypt floats above and below the 12-day EMA and the 26-day EMA which indicates that the price is in a lateral trend. Currently, the price of the crypt is lower than the EMA indicating that the price is going to fall.

Similarly, the stochastic is outside the oversold region and is below the 20% range indicating that the crypt has a strong downward impulse.

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