Sroicheann Ripple (XRP) Réigiún Oversold $ 0.12 de réir mar a thagann Ceannaitheoirí chun cinn

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Príomhleibhéil Friotaíochta: $ 0.30, $ 0.40, $ 0.45
Príomhleibhéil Tacaíochta: $ 0.25, $ 0.20, $ 0.15

Treocht Fadtéarmach XRP / USD: Bearish
Ripple is presently fluctuating between $0.12 and $0.17. The market appears to have reached bearish exhaustion as the coin reached the oversold region of the market. At a low of $0.12, XRP was oversold. Consequently, the bulls emerge to push XRP upward.

The coin rises to a high of $0.15 and resumes consolidation. On the downside, as the price fell to a low of $0.12 and became oversold, a further downward move is doubtful. On the upside, if the bulls break the $0. 17 overhead resistances, XRP will resume an upward move. Meanwhile, the sideways trend may persist if the $0.17 resistance is unbroken.

Táscairí Cairte Laethúla Léamh:
Ripple is trading above 40% range of the daily stochastic. It indicates that Ripple is in bullish momentum but the current upward move is weak. This is in view of the currently prevailing bear market. The moving averages are pointing southward.

Treocht Meántéarmach XRP / USD: Rangú
On the 4-hour chart, Ripple is in a sideways trend as the market fluctuates between $0.12 and $0.17. Ripple was earlier oversold as the market reached bearish exhaustion. Selling pressure is unlikely as the bulls emerge at the oversold.

Táscairí Cairte 4 uair an chloig ag léamh
Ripple is now in a horizontal channel as the price fluctuates between $0.12 and $0.17. Meanwhile, Ripple is rising as it reaches level 59 of the Relative Strength index. Ripple is above the centerline 50 indicating that it is in the Uptrend zone. Nevertheless, the 21-day and 50-day SMAs are sloping horizontally indicating the sideways trend.

Ionchas Ginearálta do Ripple (XRP)
Ripple is at the bottom of the chart but it is trading at $0.15 as at the time of writing. The pair is likely to continue its consolidation for a few more days. Presently, the bulls are having the upper hand as the price fluctuates upwards. It is assumed that the selling pressure has been exhausted.

Comhartha Trádála Ripple (XRP)
Instrument: XRP/USD
Ordú: Ceannaigh
Praghas iontrála: $ 0.162
Stop: $ 0.150
Sprioc: $ 0.362

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