Ripple XRP/USD are traded at 0.83 and continue to move in a bearish trend. At the moment, we should expect a test of the resistance region near the 0.90 level and continue the fall into the area below 0.50. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI).
Ripple forecast & technical analysis February 4, 2018
The abolition of the reduction option will be breakdown at the level of 1.20, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD to the area above the level of 1.55. With the breakdown of the lower bound of the «Triangle» model and the closing below the level of 0.75, it is expected to accelerate the fall of the quotations of Ripple.
Ripple forecast & technical analysis February 4, 2018 suggests a test of the resistance level near 0.90, from which it is expected to drop a cryptocurrency with a potential target at 0.50, 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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