Ripple XRP/USD are trading at 0.3171 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $13 331 845 776. 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 area of 0.3200. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2950.
Ripple Forecast and XRP/USD Analysis January 15, 2019
In favor of falling XRP/USD quotes, a test of the bearish trend line on the relative strength index (RSI) will come out. Cancellation of the option to reduce cryptocurrency will be a strong growth and closing of quotations above the level of 0.3350. This will indicate a breakdown of the resistance level and continued growth of XRP/USD in the area above the level of 0.4000. With the breakdown of the support area and the closure below 0.3055, we should expect confirmation of the development of a decline in Ripple.
Ripple Forecast and XRP/USD Analysis January 15, 2019 involves an attempt to test the resistance level near the area of 0.3200. Where can we expect the continuation of the fall of cryptocurrency with a potential goal at the level of 0.2950. An additional signal in favor of reducing Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the option of falling quotations will be a strong growth and the breakdown of the area of 0.3350. In this case, we should expect the continuation of the downward trend in digital currency.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
