Ripple forecast & technical analysis December 19, 2018


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Ripple XRP/USD are trading at 0.3308 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $13 752 972 429. Moving averages indicate a bullish Ripple trend. At the moment, we should expect an attempt to decrease and test the support level near the area of ​​0.3150. Further, the continued growth of cryptocurrency in the region above the level of 0.3700.

Ripple forecast & technical analysis December 19, 2018

In favor of the growth of quotes XRP/USD will test the rising trend line on the indicator of relative strength index (RSI). Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.3080. This will indicate a breakdown of the lower boundary of the channel and a continuation of the decline in XRP/USD to the area below the level of 0.3850. With the breakdown of the resistance area and the closure above the 0.3400 area, we should expect confirmation of the development of growth in Ripple.

Ripple forecast & technical analysis December 19, 2018

Ripple forecast & technical analysis December 19, 2018 involves an attempt to test the support level near the 0.3150 area. Where can we expect to continue the growth of cryptocurrency with a potential target of 0.3700. 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 prices will fall and the breakdown of the area 0.3080. In this case, we should expect the continuation of the bearish trend in digital currency.


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