The XRP coin has continued to stay on the barrier level of $0.39; this area has been a stiff barrier on the price for a week now. If the crypto breaks the level then the price will head for a bearish trend, if not there might be a turnaround.
Supply levels: $0.42, $0.47, $0.51
Demand levels: $0.39, $0.37, $0.35
XRPUSD Medium-term Trend: Bearish
The market has been on a bearish drive, but it is hanging on the price resistance level of $0.39, and if it breaks, the price is will automatically head for a bearish trend that will push down the trend to the resistance area of $0.37 or $0.35.
The daily chart is indicating that the price is below the 14 and 50 Exponential Moving Averages, and the MACD signal lines and Histogram bars are on the bearish side.
XPRBTC Short-term Trend: Bearish
XPRBTC Short-term trend is in a bearish drive. The crypto is heading to a major resistance level; the price might break this level and head for a lower low level.
From the 4-hour chart, the two Moving Averages are indicating a strong bearish trend, and MACD Indicator signal lines and Histogram bars are indicating for a bearish call.
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