Ripple's XRP: Which of the Three Areas of Support Will Provide the Reversal Ripple's XRP: Which of the Three Areas of Support Will Provide the Reversal
Short-term price analysis of Ripple's XRP on December 28, 2018. We take a look at the lower time-frames and use technical analysis to assess where the price of XRP could go from here. Note: The following is a short-term price analysis of Ripple's XRP. For the long-term XRP price analysis, please click here. A look at the 6-hour chart shows that price hit a high of $0.45 then promptly reversed. It is now trading at $0.35. The drop was preceded by bearish divergence in all three of RSI, MACD and the Chaikin Oscillator. The 4-hour chart gives support to the findings given in the 6-hour one. Besides significant bearish divergence, the 7 and 21 period moving averages made a bearish cross and price are currently falling below the cloud. This posting was first found by us on January 08, 2019 4:09 PM. Share this content on social media: Browse blokt.com for more similar content. Leave a Comment

Aggregated news and features about which of the Titles, images and descriptions not entered by Crypto.BI are Copyright(C) their original authors, all rights reserved.


Send us news tips, suggestions or general comments by email: contact [at] crypto.bi