Ripple XRP/USD is trading at 0.5630 and continues to move within the correction. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend for Ripple. As part of the Ripple forecast & analysis XRP/USD October 1, 2018, the Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.5450, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with a target close to 0.7000.
Ripple forecast & analysis XRP/USD October 1, 2018
An additional signal in favor of the growth of the XRP/USD cryptocurrency will be a support level test, as well as a rebound from the lower border of the uplink. Earlier, we received a weak signal for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.5200.
Cancellation of the growth option for the Ripple cryptocurrency will be the fall and breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the area of 0.5000, which will indicate a change in the upward trend in favor of the downward trend and the continued fall of the cryptocurrency. Expect to accelerate the growth of quotations XRP/USD is with the breakdown of the resistance area and the closing above the level of 0.6250.
Ripple forecast & analysis XRP/USD October 1, 2018 presuppose an attempt to correct the cryptocurrency and the 0.5450 test, from which it is expected to continue the growth of the Ripple exchange rate with a potential target near the level of 0.7000, the dropping of the growth variant will come down and the breakdown of the region is 0.5000, in this case It is worth waiting for the continued decline.
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