XRP Price Prediction Today: Daily (XRP) Value Forecast – July 31
- 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.
XRP/USD Medium-term Trend: Ranging
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.31, $0.29, $0.27
Yesterday, July 30, the XRP price was in a range bound move below the 12-day EMA and the 26-day EMA. The crypto's price is characterized by small body candlestick like the Doji and Spinning tops which described the indecision between the buyers and sellers at the current market price. The price will continue to range below the EMAs as long as the small body candlestick dominate the chart.
Meanwhile, the Coin is also in its previous range of $0.28 and $0.34 price levels. 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: Ranging
On the 1-hour chart, the XRP price is in a bearish trend. The 12-day EMA and the 26-day EMA were trending horizontally but are now pointing southward. Today, the XRP price is falling, if the bearish trend continues, the market will revisit the low of $0.30 price level.
Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy 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.
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.
Add comment