Ripple Forecast and XRP/USD Analysis January 22, 2019


Ripple XRP/USD are trading at 0.3123 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $13 061 108 247. Moving averages indicate a bearish trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.3300. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2655.

Ripple Forecast and XRP/USD Analysis January 22, 2019

In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength index (RSI) will come out. As well as a rebound from the upper limit of the bearish channel. Cancellation of the option to reduce cryptocurrency will be a strong growth and closing of quotes above the level of 0.3650. This will indicate a breakdown of the resistance level and continued growth of XRP/USD to the area above the level of 0.4100. With the breakdown of the support area and closure below 0.3050, we should expect confirmation of the development of a decline in Ripple.

Ripple Forecast and XRP/USD Analysis January 22, 2019

Ripple Forecast and XRP/USD Analysis January 22, 2019 involves an attempt to test the resistance level near the 0.3300 area. Where can we expect the continuation of the fall of cryptocurrency with a potential target at the level of 0.2655. 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 ​​0.3650. In this case, we should expect the continuation of the development of the upward trend in digital currency.


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