Ripple Forecast and XRP/USD Analysis January 30, 2019


Ripple XRP/USD are trading at 0.2832 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $11 896 291 120. 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 ​​0.2990. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2530.

Ripple Forecast and XRP/USD Analysis January 30, 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 boundary of the descending channel. Cancellation of the option of reducing cryptocurrency will be a strong growth and closing of quotes above the level of 0.3150. This will indicate a breakdown of the resistance level and continued growth of XRP/USD to the area above the level of 0.3550. With the breakdown of the support area and closure below 0.2600, we should expect confirmation of the development of a decline in Ripple.

Ripple Forecast and XRP/USD Analysis January 30, 2019

Ripple Forecast and XRP/USD Analysis January 30, 2019 involves an attempt to test the resistance level near the 0.2990 area. Where can we expect the continuation of the fall of cryptocurrency with a potential goal at the level of 0.2530. 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 0.3150 area. In this case, we should expect the continuation of the development of the upward trend in digital currency with a target above 0.3550.


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