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Long-term trend in the XRP / USD price: bearish
Offer levels: $ 0.56, $ 0.58, $ 0.60
Demand levels: $ 0.25, $ 0.23, $ 0.21
The price of XRP has been in a bearish trend from April 2018. The price of XRP has fallen to a minimum of $ 0.29 as at the time of writing. The price of the crypto is lower than the exponential moving averages, which means that the price is likely to fall. However, the stochastic bands point downwards above the 20% range, which indicates that cryptocurrency is likely to continue to fall. The price of the crypt is expected at the previous minimum of $ 0.24.
We will start long operations as soon as the bears have exhausted their bearish pressure. Meanwhile, the price of XRP is lower than the 12-day EMA and the 26-day EMA indicating a downward trend is under way. The MACD line and the signal line are below 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.
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