XRP / USD Medium-term trend:
Resistance levels: $ 0.45 , $ 0.46, $ 0.47
Support Levels: $ 0.43, $ 0.42, $ 0.41
The XRP price is another cryptocurrency with range limit. Fluctuates between the levels of $ 0.51 and $ 0.43. The XRP price was $ 0.46 at the start of the month, but fell to a low of $ 0.42. From a low of $ 0.42, it rose to a maximum of $ 0.51. This was the price movement to form the levels of $ 0.51 and $ 0.43. Other features of the XRP price is that it has been at the bottom of the range range area for over a month. It seems that the bears have overwhelmed the bulls. It will require more buyers to push the price upwards.
However, the MACD line and the signal line are below the zero line indicating a sales signal. Likewise, the XRP price is lower than the 12-day EMA and the 26-day EMA which indicates that the downward trend continues. Meanwhile, the Relative Strength 14 index period is level 42 indicating that the price is in the lateral trend zone.
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