Ripple XRP/USD are trading at 0.3017 and continue to move within the framework of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 645 523 156. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.2900 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3485.
Ripple Forecast and XRP/USD Analysis February 14, 2019
In favor of raising the XRP/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. As well as a rebound from the lower border of the model «Triangle». Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.2745. This will indicate a breakdown of the support area and the continuation of the fall of XRP/USD to the area below the level of 0.2450. With the breakdown of the upper boundary of the Triangle model and closure above the level of 0.3200, we should expect confirmation of the development of growth in Ripple.
Ripple Forecast and XRP/USD Analysis February 14, 2019 involves an attempt to test the support level near the 0.2900 area. Where can we expect to continue the growth of cryptocurrency with a potential goal at the level of 0.3485. An additional signal in favor of raising Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option quotes will fall and the breakdown of 0.2745 area. In this case, it is worth expecting the continuation of the development of the downward trend in digital currency with a target below 0.2450.