The coin has succeeded in testing the barrier level, but the price pulled back, and the trend is trying to break through this same level, to fortify the bearish call.
Supply levels: $0.42, $0.47, $0.51
Demand levels: $0.39, $0.37, $0.35
XRPUSD Medium-term Trend: Bearish
The XRPUSD Medium-term trend is bearish the price is sitting on the price resistance of $0.39, waiting to break that area, if it does the market might go down to the next resistance level of $0.37 or $0.35 or a lower low level.
From the daily chart, the market price is below the 14 and 50 Exponential Moving Averages, and the MACD Indicator signal lines and the Histogram bars are on the bearish position.
XPRBTC Short-term Trend: Bullish
XRPBTC the trend took a bullish sphere after rejecting a key resistance area; the market took a bullish approach if the price breaks the next bullish barrier the price will go up further.
The 4-hour chart shows that the price is above the 14 Exponential Moving Average, and is heading to the 50 Exponential Moving Average. The MACD Indicator signal lines and Histogram bars are on the upside for a bullish indication.
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