Ripple XRP/USD traded at 0.87 and continue to move in the fall. At the moment, we should expect an attempt to test the resistance area near the level of 0.95 and continue the fall of the cryptocurrency in the area below the level of 0.70.
Ripple forecast & technical analysis February 25, 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 fall option will be a breakdown of 1.00 level, which will indicate the continued growth of XRP/USD in the area above the level of 1.10. With the breakdown of the lower bound of the «Triangle» model and the closing below 0.80, one should expect confirmation of the development of the bearish trend for Ripple.
Ripple forecast & technical analysis February 25, 2018 suggests a test of the resistance level near 0.95, from where it is expected to drop a cryptocurrency with a potential target at 0.70, an additional signal in favor of a drop in Ripple will be a test of the trend line on the indicator of relative strength index (RSI).
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