Ripple XRP the 3rd largest cryptocurrency by market capitalization is currently trading at $0.288431 USD (-1.73%) according to Coinmarketcap while writing this post. The 24h High for this cryptocurrency is $0.29143 and 24h Low is $0.26891. The 24h Volume for Ripple XRP is $204,331,937 USD.
Ripple Price Prediction and Technical Analysis
While looking at the 1-day forecast the 10-day Exponential Moving Average is 0.30417 and 20-day Exponential Moving Average (EMA) is 0.31785. Now both of these data shows selling, also while looking at the 10-day Simple Moving Average which is 0.31200 recommends selling.
The Relative Strength Index (14) is 39.15085 which is in the neutral zone and the MACD Level (12, 27) is -0.01798. The MACD level is recommending selling while the Ultimate Oscillator (7, 14, 28) for XRP is 41.65890 which is in neutral zone.
1h Price Forecast
While looking at the 1-h forecast the Exponential Moving Average (10) is 0.28281 and EMA (20) is 0.28155. The Simple Moving Average (10) is 0.28146. All the EMA (10), EMA (20) and SMA (10) are showing buy signal.
The Relative Strength Index (14) in the 1h forecast is 56.40651 which is in the neutral phase. The MACD level (12, 27) is 0.00037 which is recommending buying. So, it seems that Ripple [XRP] is in a bullish move withing 1h price forecast.
This article should not be considered as an investment advice. Please conduct your own research before investing in any cryptocurrency.
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