Ripple forecast & technical analysis February 2, 2018


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Ripple XRP/USD are traded at 1.01 and continue to move in the bearish trend. At the moment, we should expect a test of the resistance region test near the level 1.10 and continue the fall into the area below the level of 0.80.

Ripple forecast & technical analysis February 2, 2018

In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be a breakdown at the level of 1.25, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD in the area above the level of 1.55.

Ripple forecast & technical analysis February 2, 2018

Ripple forecast & technical analysis February 2, 2018 suggests an attempt to test the upper border of the channel near the area of ​​1.15, from which it is expected to drop a cryptocurrency with a potential target at 0.80, an additional signal in favor of falling Ripple will test the trend line on the indicator of relative strength index (RSI).


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