Crypto

Neither bears nor bulls could affect the price of Ripple

  • The XRP / USD is seeing lower levels this week
  • Both bulls and bears failed to steer the trend of the current crypto currency
  • Neither the bears nor the bulls managed to divert Ripple

What weddings

Distribution zones: 1,1 US dollars, 1,2 US dollars, 1,3 US dollars

XRP / USD long term trend: 19659006] Accumulation Zones: 0,5 US $, 0,4 US $, 0,3 US $

The XRP / USD is now going to the south with a $ 1 distribution area and a $ 0.5 accumulation area It is located inside. Unlike the previous weeks, the pair is expected to reach lower levels this week compared to the lower levels.

 Neither bears nor bulls could affect the price of Ripple
Neither bears nor bulls could affect the price of Ripple

Ripple ripples on the 13 day SMA trend line [19659012] 13 day SMA in well defined range, over 50 day SMA. Ripple is fluctuating on the 13 day SMA trend line and is now getting the average of 50 day SMA. Oyster oscillators exceed 20 in the oversold territory.

As expected, the bears appear to be pioneering the bull's power. However, this may be short-lived. A long bull market has to mark the beginning of a bullish trend. According to analysts, investors can buy in areas that show a downward trend for a good retreat.

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