Ripple Chooses Cryptocurrency Exchanges as Preferred Listings for XRP Tokens

XRP/USD Medium-term Trend: Bullish

Resistance Levels: $0.32, $0.34, $ 0.36
Support Levels: $0.22, $0.20, $0.18

Yesterday, September 13, the XRP price was in a bullish trend. The bulls were resisted at the price of $0.27. The price of the digital currency was now fluctuating below the $0.27 price level. The selling pressure at the price of $0.27 has overpowered the bulls from progressing. If the bulls fail to break through the cryptocurrency will be compelled to fall again to the support zone.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 56 which indicates that price is in a sideways trend.

XRP/USD Short-term Trend: Bullish

On the 1-hour chart, the XRP price is in a bullish trend. The MACD lines are bullish. The XRP price is above 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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