The XRP price has fallen below the moving average lines but found support above the key level of $1.80.
XRP long-term analysis: bearish
Technical Indicators:Resistance Levels: $2.80 and $3.00
Support levels: $1.80 and $1.60
XRP price indicators analysis
The 21-day SMA is above the 50-day SMA, which is sloping upwards, confirming the previous trend. On the 4-hour chart, the price bars are positioned between the downward-sloping moving average lines. The cryptocurrency price is trapped between the moving average lines, indicating a likely range-bound move for the coin.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
