Ripple forecast & technical analysis February 6, 2018


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Ripple XRP/USD are traded at the level of 0.77 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the 0.90 level and continue falling to the area below the level of 0.40.

Ripple forecast & technical analysis February 6, 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 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 support area and the closing below the level of 0.65, we expect to accelerate the fall of quotations Ripple.

Ripple forecast & technical analysis February 6, 2018

Ripple forecast & technical analysis February 6, 2018 suggests a test of the resistance level near 0.90, from which it is expected to drop the cryptocurrency with a potential target at 0.40, 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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