Ripple XRP/USD traded at 0.3132 and continue to move in growth. Cryptocurrency capitalization at the time of the publication of the forecast is $13 255 154 235. Moving averages indicate a rising Ripple trend. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3245 area. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2950.
Ripple Forecast and XRP/USD Analysis February 27, 2019
In favor of the rise of quotes XRP/USD will test the downward trend line on the indicator of relative strength index (RSI). As well as a rebound from the upper boundary of the bearish channel. Cancellation of the option of falling cryptocurrency will be a strong growth and closing of quotes above the level of 0.3385. This will indicate a breakdown of the resistance area and continued XRP/USD growth in the area above the level of 0.3550. With the breakdown of the area of support and closure below 0.2975, we should expect confirmation of the development of a decline in Ripple.
Ripple Forecast and XRP/USD Analysis February 27, 2019 involves an attempt to test the resistance level near the 0.3245 area. Where can we expect to continue the growth of cryptocurrency with a potential goal at the level of 0.2950. 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 0.3385 area. In this case, we should expect the continuation of the development of the downward trend in digital currency with a target below 0.3550.
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