Ripple XRP/USD are trading at 0.3161 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $13 083 680 049. Moving averages indicate a bearish trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.2985. Further, the continuation of cryptocurrency growth in the region above the level of 0.3670.
Ripple Forecast and XRP/USD Analysis January 31, 2019
In favor of the growth of XRP/USD quotes, a test of the broken trend line on the relative strength index (RSI) will be made. As well as a rebound from the support area. Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.2550. This will indicate a breakdown of the support level and the continuation of the fall of XRP/USD to the area below the level of 0.2250. With the breakdown of the upper boundary of the downward channel and closing above the level of 0.3500, we should expect confirmation of the development of growth in Ripple.
Ripple Forecast and XRP/USD Analysis January 31, 2019 involves an attempt to test the support level near the 0.2985 area. Where can we expect to continue the growth of cryptocurrency with a potential goal at the level of 0.3670. An additional signal in favor of Ripple growth will be a test of the trend line on the relative strength index (RSI). Cancellation of the option of raising quotes will fall and the breakdown of the 0.2550 area. In this case, we should expect the continuation of the downward trend in digital currency with a target below 0.2250.