XRP/USD Medium-term Trend: Bullish
Resistance Levels: $ 0.61, $0.63, $ 0.65
Support Levels: $0.45, $0.43, $0.41
Yesterday, November 12, the XRP price was in a bullish trend. Yesterday, the crypto’s price reached a high of $0.53 in a bullish trend. The price of the digital currency is fluctuating above the $0.53 price level. Meanwhile, the crypto’s price is above the exponential moving averages indicating that price is likely to rise.
The digital currency is above the $0.50 price level which will enable it to resume its uptrend movement. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone.
XRP/USD Short-term Trend: Bullish
On the 1-hour chart, the XRP price is in a bullish trend. The 26-day EMA acted as a resistance to the falling crypto’s price. The XRP’s price is above the 12 -day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal.
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Read more: XRP Daily Price Forecast – November 13