XRP/USD Medium-term Trend: Bearish
Resistance Levels : $0.48 , $0.49, $ 0.50
Support Levels: $0.46, $0.45, $0.44
Yesterday, June 25, price of Ripple was also in the downward trend. Yesterday, the cryptoasset fell to the low of $0.45 and made a bullish movement to the high of $0.47. Price of Ripple is now in a sideways trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
Also. the 12-day EMA and the 26-day EMA are above the price of Ripple which indicates that the bearish trend is continuing. Nevertheless, the relative strength index period 14 is level 45 which indicates that price of Ripple is in the range bound zone.
XRP/USD Short-term Trend: Ranging
On the 1-hour chart, price of Ripple is in a sideways trend. From the price action, the cryptoasset is now trending horizontally at a price of $0.47. Meanwhile, the MACD line and the signal line are neither above nor below the zero line which indicates a neutral signal. Also, the 12-day EMA and the 26-day EMA are neither above nor below the price bars of Ripple which indicates a sideways trend.