Ripple XRP/USD is trading at the level of 0.2793 and continues to move within the framework of the upward correction. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. As part of the Ripple forecast & analysis XRP/USD September 16, 2018, a resistance area test near the level of 0.2850 is expected, from which we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.2450.
Ripple forecast & analysis XRP/USD September 16, 2018
An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance level, as well as a rebound from the upper boundary of the bearish channel. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at 0.2670.
Cancellation of the fall of the Ripple cryptocurrency will result in strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 0.3000, indicating a change in the flat trend in favor of the bullish trend and the continued growth of the cryptocurrency. Expect the acceleration of the fall in quotes XRP/USD stands with the breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo and the closing below the level of 0.2550.
Ripple forecast & analysis XRP/USD September 16, 2018 suggest an attempt at correction of the cryptocurrency and the test of the level of 0.2850, from which it is expected to continue the fall of the Ripple rate with the potential target near the level of 0.2450, the cancellation of the fall variant will make a strong growth and breakdown of the area of 0.3000, in this We should expect continued growth.
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