Ripple XRP/USD traded at 0.4390 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $18 003 317 559. Moving averages indicate a downward trend in Ripple. At the moment, we can expect an attempt to grow and test the level of support near the area of 0.3950. Further, the continuation of cryptocurrency growth in the region above the level of 0.5300.
Ripple forecast & technical analysis December 25, 2018
In favor of the growth of XRP/USD quotes, a test of an uptrend trend line on the relative strength index (RSI) will come out. As well as a rebound from the bottom of the channel. Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.3600. This will indicate a breakdown of the support level and a continued decline in XRP/USD to the area below the level of 0.2800. With the breakdown of the resistance area and the closure above the 0.4550 area, we should expect confirmation of the development of Ripple growth.
Ripple forecast & technical analysis December 25, 2018 involves an attempt to test the support level near the 0.3950 area. Where can we expect to continue the growth of cryptocurrency with a potential goal of 0.5300. An additional signal in favor of Ripple growth will be a test of the trend line on the relative strength index (RSI). Cancellation of growth options quotes will fall and the breakdown of 0.3600 area. In this case, we should expect the continuation of the downward trend in digital currency.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
