XRP Price Analysis – March 26

  • The bears have managed to get XRP to fall to a range between $0.28 and $0.34.
  • Its Stochastic indicator is in the oversold region below 20, indicating XRP’s strong bearish momentum, and a sell signal.

Ripple, XRPUSDXRP Chart By TradingView

XRPUSD Medium-term Trend: Bearish

  • Resistance Levels: $0.56, $0.58, $ 0.60
  • Support Levels: $0.30, $0.28, $0.26

Yesterday, March 25, XRP was in a bearish trend as its price fell to $0.30. Yesterday, it was assumed that if the price fell to $0.30, the crypto could see its price find support. However, the bears broke said level bringing it further down.

The bears have managed to get XRP to fall to a range between $0.28 and $0.34. Today, the crypto’s price is trading at $0.29. The bearish trend hasn’t yet been broken. XRP’s Stochastic indicator is in the oversold region at range 20, indicating the bearish momentum and a sell signal.

XRPUSD Short-term Trend: Bearish

Ripple, XRPUSDXRP Chart By TradingView

On the 4-hour chart, XRP is in a bearish trend. On March 21, the bears broke the 12-day EMA and the 26-day EMA as the price kept on falling. Its Stochastic indicator is in the oversold region below 20, indicating XRP’s strong bearish momentum, and a sell signal.

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