The cryptocurrency’s value will increase to re-examine the $0.34 and $0.35 resistance stages if the $0.33 value stages stay. As on the other side, if the bear market smashes under the $0.33 value stage, the virtual currency’s value will decrease to the even lower at $0.32600 value level.
XRP/USD Value Long-Period Trend: Bearish market
- Supply levels: $0.56, $0.58, $0.60
- Demand levels: $0.33, $0.31, $0.29
The combination of XRP/USD was positioned in a bullish trend after the bear led the value to the down at $0.32. On April 5, the bulls were positioned at an increase of $0.38353 but the trading and closing of its price were at $0.36635. On 7 April, the bulls examined the $0.37 resistance stage and were stopped. The smashed of the market affected the 12 days EMA and the 26 days EMA to acquire a decrease value of $0.32.
On 16 April, the bull started a bullish movement which was stopped at the $0.34 value level. The virtual currency’s value is creating a downside correction as that it dived to the assistance of the $0.33 value level. The virtual currency’s value will increase to re-examine the $0.34 and $0.35 resistance stages if the $0.33 value level stays.
Another side, if the bears smash under the $0.33 value level, the virtual currency’s value will decrease to the lower value at $0.32600 value level. In the meantime, the MACD level and the indicator level are overhead the level zero which shows a purchase indication. Plus, the virtual currency’s value is lower at the 12 days EMA and the 26 days EMA which shows that value positioned into the bearish movement zone.
The present values of XRP/USD:
- 1 XRP/USD = $0.329619
- Coin market cap = $13,834,363,679 USD
- 24 hours Volume = $964,163,047 USD