Ripple Price Prediction for Today, October 31: XRP May Trend Lower
Sellers are dominating Ripple market Further increase in the bears’ pressure may break down the support level of $0.43, in which it may extend to $0.39 and $0.36 support levels. Should the Bulls interrupt the bears at $0.43 level, the resistance level of $0.45 may be penetrated, Ripple may increase to $0.47 and $0.50 levels. XRPUSD Price Analysis – October 23 Key Levels: Supply levels: $0.45, $0.47, $0.50 Demand levels: $0.43, $0.39, $0.36 XRP/USD Price Medium-term Trend: Bearish XRP/USD is bearish on the medium-term outlook. After the formation of a bearish chart pattern called double top, the coin obeyed the command by producing more daily bearish candles. The price decreased and tested $0.43 support level. It pulled back to retest $0.46 level. Sellers are exerting more pressure on the coin at the moment and there is tendency for further price decrease. At the moment, sellers are dominating the Ripple market as it is trading below the 9 periods EMA and 21 periods ...