Ripple XRP/USD are trading at 0.3619 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $14 809 118 312. Moving averages indicate a bearish trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near 0.3785. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.3000.
Ripple forecast & technical analysis December 20, 2018
In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength index (RSI) will come out. Cancellation of the option of falling cryptocurrency will be a strong growth and closing of quotations above the level of 0.4000. This will indicate a breakdown of resistance and continued growth of XRP/USD in the area above the level of 0.4700. With the breakdown of the support area and the closure below the area of 0.3350, we should expect confirmation of the development of a fall along the Ripple.
Ripple forecast & technical analysis December 20, 2018 involves an attempt to test the resistance level near the 0.3785 area. Where can we expect the continuation of the fall of cryptocurrency with a potential target of 0.3000. 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 quotes will be a strong growth and a breakdown of the 0.4000 area. In this case, we should expect the continuation of the development of the upward trend in digital currency.
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