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XRP’s $1.34 Weekly Target Sits Below Several Moving Averages

XRP’s $1.34 Weekly Target Sits Below Several Moving Averages

Photo: TokenPost

CoinDCX’s Oct. 21 XRP (XRP) forecast set a $1.34 target for Oct. 28, below several moving-average readings listed in Oct. 22 technical data and inside a projected price range. The target falls within the range of $1.28 to $1.38, rather than at its midpoint. Oct. 22 technical readings put the 20-day simple moving average (SMA) at $1.38 and the 50-day SMA at $1.41. The 20-day and 50-day exponential moving averages (EMAs) were both listed at $1.37. The outlook tied a stronger upside scenario to a daily close above the 100-day EMA at $1.3357.

Source: TokenPost

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