XRP / USD Price Long-term Trend: Bearish
- Supply levels: $ 0.56, $ 0.58, $ 0.60
- Demand levels: $ 0.37, $ 0.35, $ 0.33
The price of XRP / USD was in the last week of December 2018. In the month of December, the crypto has an opening balance of $ 0.36 at the time of writing. In other words, the XRP price has a gain of 5.5% to its capitalization. From the weekly chart, the price is in the bearish trend zone.
Meanwhile, the price of XRP is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone. The MACD line and the signal line are the zero line which indicates a sell signal. In addition, the Stochastic indicator is in the oversold region but above the 20% range indicating that the price of XRP is a bullish momentum and a buy signal.
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