Ripple XRP/USD is trading at 0.3279 and continues to move in line with the decline. The capitalization of a digital asset at the time of publication of analysts is $13 557 716 393. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bearish trend for Ripple. As part of the Ripple Forecast and Analysis XRP/USD January 14, 2019, a test of the Ichimoku Kinko Hyo signal lines is expected near the level of 0.3400. Where can we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with a target near the level of 0.2800.
Ripple Forecast and Analysis XRP/USD January 14, 2019
An additional signal in favor of the fall of the XRP/USD cryptocurrency will be the test of the resistance area. Earlier, a weak signal was received for SELL the Ripple cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 0.3635.
Cancellation of the option of falling Ripple cryptocurrency will be a strong growth and the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the 0.3650 area. This option will indicate a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. Expect to accelerate the fall in prices XRP/USD stands with the breakdown of support and closure below 0.3150.
Ripple Forecast and Analysis XRP/USD January 14, 2019 implies an attempt to correct cryptocurrency and a test level of 0.3400. Where can we expect to continue the fall of the Ripple with a potential target near the level of 0.2800. Cancellation of the fall option will be a strong growth and a breakdown of the 0.3650 area. In this case, we should expect continued growth of cryptocurrency.