XRP Price Prediction Today: Daily (XRP) Value Forecast – July 22
- 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 level.
- On July 16, the downward trend was corrected as the price fell to a low at $0.29 price level.
XRP/USD Medium-term Trend: Bearish
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.31, $0.29, $0.27
Last week the XRP price was in a bearish trend. The bearish trend had been ongoing in the last one month. On June 23, the bulls were resisted at the $0.47 price level. On June 27, the bears broke the EMAs as the price fell below the EMAs. The crypto’s price fell below the 12-day EMA and the 26-day EMA which indicates that price will continue its downward trend.
On July 16, the downward trend was corrected as the price fell to a low at $0.29 price level. The coin reached the oversold region of the market and buyers emerged. 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 level.
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: Bearish
On the 1-hour chart, the XRP price is in a bearish trend. The 12-day EMA and the 26-day EMMA are sloping horizontally. On July 20, the crypto’s price rose to the high of $0.34 but fell to the low of $0.32 price level to commence an upward move above the EMAs.
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.
Live Ripple (XRP) Price:
1 XRP/USD =$0.2464 change ~ 2.46%
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.