• On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.
• The XRP market reached its low at the $0.28 price level.

XRP/USD Medium-term Trend: Bearish

• Resistance Levels: $ 0.44, $0.46, $ 0.48
• Support Levels: $0.31, $0.29, $0.27

Yesterday, July 17, XRP price was in a bullish trend. The XRP market reached its low at the $0.28 price level. Also, the coin reached the oversold region of the market and buyers are emerging. The bulls have made an upward move towards the EMAs. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.40 and $0.46 resistance levels.

As the market is set for an upward move, traders are expected to buy low and sell high. Similarly, traders should look out to buy setups to initiate long trades in anticipation of a bullish trend. 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 are pointing northward. The bulls have broken above the EMAs to reach the bullish trend zone.

The XRP price has risen from its low at $0.29 to the $0.32 price level. If the bulls sustain the price above the EMAs, the crypto's price will rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. signal.

XRP’s price is $0.25 XRP/USD exchange rate today. The real-time XRP market cap of $10.67 Billion currently ranks #4 with , daily trading volume of $186.84 Million and live coin value change of XRP 2.46 in the last 24 hours.

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