1 hour:
The short term outlook for XRP shows an uptrend from $0.338 – $0.36, with a downtrend from $0.503 – $0.402 – $0.382. A support is visible at $0.338, with resistances set at $0.404, $0.427, and $0.461.
The MACD is demonstrating a bearish crossover, with the MA line moving below the signal line.
The Awesome Oscillator is bearish, with the emergence of red lines showing the same.
The Parabolic SAR is bearish.
1 day:
There is an uptrend from $0.27 – $0.369, with the dominant downtrend presenting itself from $0.90 – $0.555 – $0.395. A support level is present at $0.262, with resistances at $0.582, $0.689.
The Aroon indicator is showing that the uptrend is losing power, with the downtrend also moving downwards.
The Chaikin Money Flow recently moved above the 0 line, indicating that money is flowing into the market.
The RSI is recovering from oversold zone as seen by the indicator dipping below the oversold zone.
Conclusion:
In the long term outlook, the prediction looks slightly bullish, with the market trying to beat back a recovery. However, it seems that the price will continue to move downwards before the coin seeks the realm of the bull.
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