Ripple forecast & technical analysis December 28, 2018


Ripple XRP/USD are trading at 0.3565 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $14 887 857 814. Moving averages indicate the presence of an upward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​0.3405. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4000.

Ripple forecast & technical analysis December 28, 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. Cancellation of a variant of cryptocurrency growth will be the fall and close of quotes below the level of 0.3300. 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 closing above the 0.3800 area, we should expect confirmation of the development of growth in Ripple.

Ripple forecast & technical analysis December 28, 2018

Ripple forecast & technical analysis December 28, 2018 involves an attempt to test the support level near the 0.3405 area. Where can we expect to continue the growth of cryptocurrency with a potential target at the level of 0.4000. 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 0.3300. In this case, we should expect the continuation of the downward trend in digital currency.


Join our Telegram Channel

Post Comment