Ripple Price Analysis,28 April../Cryptocurrency..

in #cryptocurrency • 6 years ago

XRP.png

Ripple broke below the trendline but held the 20-day EMA. It is again attempting to climb above the trendline and move towards $0.93777. If successful, the possibility of a breakout and rally to $1.08 levels increase..
xrp.png
The bears will offer a strong resistance at the trendline. If the XRP/USD pair fails to scale above the trendline, it will indicate a lack of buying support. Under these circumstances, the digital currency can break below the 20-day EMA and fall towards the 50-day SMA.

We don’t find a reliable buy setup on it, hence, are not recommending any long positions..
ource:cointelegraph

#ripple #life #steemit #crypto
6 years ago in #cryptocurrency by
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