- The Coin is also in its previous range between the levels of $0.28 and $ 0.34.
- On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will face resistance at the $0.34 price level.
XRP/USD Medium-term Trend: Ranging
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.31, $0.29, $0.27
Yesterday, July 29, the XRP price was in a range bound move below the 12-day EMA and the 26-day EMA. The Coin is also in its previous range between the levels of $0.28 and $ 0.34. Today, the XRP price is in a bullish trend. On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will face resistance at the $0.34 price level.
On the other hand, if the bulls fail to break the EMAs, the crypto’ price will continue its range-bound move between the levels of $0.28 and $0.34 price levels. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
XRP/USD Short-term Trend: Bullish
On the 1-hour chart, the XRP price is in a bullish trend. The 12-day EMA and the 26-day EMA were trending horizontally but are now pointing northward. Today, the bulls break above the EMAs and are reaching the high of $0.32 price level.
The Coin was facing resistance at the $0.32 price level as it retraced to the support of the EMAs. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
XRP’s price is $0.32 XRP/USD exchange rate today. The real-time XRP market cap of $13.67 Billion currently ranks #3 with , daily trading volume of $202.78 Million and live coin value change of XRP 2.61 in the last 24 hours.
Latest Ripple Industry News and XRP Coin Analysis Updates
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. “
[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.
[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer