Ripple XRP/USD is trading at 0.89. The cryptocurrency continues to move within the bearish trend. At the moment, expect Ripple correction in the area of the fast moving average at 0.90. Then the rebound and the continuation of the fall of XRP/USD below the level of 0.75.
Ripple (XRP/USD) forecast on February 26, 2018
A strong signal in favor of the fall of the cryptocurrency will come from the resistance line test on the Stochastic indicator. The conservative sell area is located near the 0.90 level. Cancellation of the variant of Ripple fall will be a breakdown of the level of the upper moving average and a closing above the level of 0.95, which will indicate the continued growth of the crypto currency and a possible change in the trend in favor of the bullish trend.
Ripple (XRP/USD) forecast on February 26, 2018 assumes an attempt to test the level of the fast moving average near 0.90 and continue falling to the area below the level of 0.75, an additional signal in favor of falling of the Ripple will be a test of the trend line on the indicator Stochastic.
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