RATE Group | Ripple $0.2600, NEO $12, Dash $67.67. Cryptocurrencies price prediction – 18 November
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Ripple $0.2600, NEO $12, Dash $67.67. Cryptocurrencies price prediction – 18 November

18 Nov Ripple $0.2600, NEO $12, Dash $67.67. Cryptocurrencies price prediction – 18 November

Posted at 13:48h in Cryptocurrency News by

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Ripple’s XRP extended the decline and touched $0.2571 during early Asian hours, which is the lowest level since November 15. At the time of writing, XRP/USD is changing hands at $0.2594, down 1.5% since the beginning of the day. A sustainable move below $0.2600 support bodes ill for XRP’s short-term forecast, making it vulnerable to further losses. 

Ripple’s XRP confluence levels 

Looking technically, XRP is hovering around pivotal $0.26, which is important for the short-term forecast. The longer, the coin hovers around this barrier, the worse is the technical picture. Currently, there are several important levels clustered both above and below the price; however, the way to the South seems to be the path of least resistance now.

 

NEO reached the recent top at $13.44 on November 13 only to retreat to $11.75 by November 15. While the coin managed to recover to the area of $12.00 by the time of writing, it is still locked in a short-term bearish…

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