XRP Price Prediction Today: Daily (XRP) Value Forecast – June 18
- In retrospect, On May 15, the XRP market reached the $0.46 overhead resistance.
- The overhead resistance had been tested by the bulls on three occasions without breaking it.
XRP/USD Medium-term Trend: Bullish
- Resistance Levels: $ 0.44, $0.46, $ 0.48
- Support Levels: $0.42, $0.40-, $0.38
Yesterday, June 17, XRP price was in a bullish trend. The bulls retested the $0.46 overhead resistance of May 15. In retrospect, On May 15, the XRP market reached the $0.46 overhead resistance. The overhead resistance had been tested by the bulls on three occasions without breaking it. On each resistance, the XRP market would fall to the support of the 12-day EMA or below the EMAs. Yesterday, the bulls fail to break the $0.46 overhead resistance as the bulls were resisted.
A bullish trend line has been drawn to determine whether the bullish trend is ongoing. On the upside, a bullish trend is ongoing if the trend line is unbroken by price. Presently, the XRP price is retracing after the resistance. If price breaks the trend line and another confirmation candlestick closes on the opposite of it, then it is assumed the current has been terminated. Meanwhile, the MACD line and the signal line are above the zero lines which indicates a buy signal
XRP/USD Short-term Trend: Bullish
On the 1-hour chart, the XRP price was in a bearish trend. The 12-day EMA and the 26-day EMA are trending northward as the bulls made an upward move to the upper price level. Yesterday, the bulls retested the $0.46 overhead resistance but failed to break it.
The bulls were resisted as the price fell below the EMAs. If the price is below the EMAs, there is the likelihood of price falling to its previous low. 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.
Live Ripple (XRP) Price:
1 XRP/USD =$0.2464 change ~ 2.46%
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