Ripple XRP/USD are trading at 0.3935 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $16 896 848 263. Sliding averages indicate the presence of a short-term downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3765. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4575.
Ripple Forecast and XRP/USD Analysis July 10, 2019
In favor of lifting XRP/USD quotes, a test of the rising trend line on the relative strength indicator will be made. The second signal in favor of the growth of quotations of the digital asset will be a rebound from the trend line on the price chart. Cancellation of the option of raising the cryptocurrency will fall and close the quotes below the level of 0.3475. 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 0.3255. Confirmation of the growth rate of the digital currency will be the breakdown of the area of resistance and closing above the level of 0.4350. In this case, we can expect the acceleration of the upward trend in Ripple.
Ripple Forecast and XRP/USD Analysis July 10, 2019 involves an attempt to test the support level near the 0.3765 area. Where can we expect to continue the growth of cryptocurrency with a potential goal at 0.4575. An additional signal in favor of Ripple growth will be a test of the trend line on the relative strength indicator. Cancellation of the option of raising prices will fall and the breakdown of the area of 0.3475. In this case, we should expect the continuation of the development of the downward trend in digital currency with a target below 0.3255.
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