Ripple XRP/USD are trading at 0.3192 and continue to move as part of the correction and the formation of the «Wolfe Wave» pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $13 603 323 073. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3095. Further, the continuation of cryptocurrency growth in the region above the level of 0.3425.
Ripple Forecast and XRP/USD Analysis April 18, 2019
In favor of the growth of XRP/USD quotes, a test of the support line on the relative strength index (RSI) will be made. The second signal will be a rebound from the lower border of the model. Cancellation of the option of raising the cryptocurrency will fall and close the quotes below the level of 0.2915. This will indicate a breakdown of the lower boundary of the model and the continuation of the fall of XRP/USD to the area below the level of 0.2745. With the breakdown of the resistance area and closing above the level of 0.3305, we should expect confirmation of the development of growth in Ripple.
Ripple Forecast and XRP/USD Analysis April 18, 2019 involves an attempt to test the support level near the 0.3095 area. Where can we expect to continue the growth of cryptocurrency with a potential goal of 0.3425. An additional signal in favor of raising Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of growth options quotes will fall and the breakdown of 0.2915 area. In this case, we should expect the continuation of the development of the downward trend in digital currency with a target below 0.2745.
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