Ripple XRP/USD are trading at 0.5100 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $20 848 663 957. At the moment, we should expect an attempt to test the support level near the 0.4870 area and continue the growth of cryptocurrency in the area above the level of 0.6050.
Ripple forecast & technical analysis November 14, 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. As well as a rebound from the lower boundary of the rising channel. Cancellation of the growth of cryptocurrency will be the fall and close of quotes below the level of 0.4650. This will indicate a breakdown of the lower boundary of the rising channel and the continuation of the fall of XRP/USD to the area below the level of 0.4550. With the breakdown of the resistance area and closing above the level of 0.5250, we should expect confirmation of the development of growth in the Ripple.
Ripple forecast & technical analysis November 14, 2018 involves an attempt to test the support level near the area of 0.4870. Where can we expect to continue the growth of cryptocurrency with a potential target at the level of 0.6050. 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 0.4650 area. In this case, we should expect the continuation of the downward trend in digital currency.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
