Ripple XRP/USD are trading at 0.4465 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 120 610 445. At the moment, we should expect an attempt to test the resistance level near the 0.4445 area and continue the decline in the cryptocurrency to the area below the level of 0.4350.
Ripple forecast & technical analysis November 2, 2018
In favor of the fall of XRP/USD quotes, a test of the downward trend line on the relative strength index (RSI) will come out. Cancellation of the option of falling cryptocurrency will be a strong growth and closing of quotes above the level of 0.4610, which will indicate a breakdown of the upper boundary of the downward channel and continued growth of XRP/USD in the region above the level of 0.4750. With the breakdown of the support area and closure below the level of 0.4440, we should expect confirmation of the development of a fall in Ripple.
Ripple forecast & technical analysis November 2, 2018 involves an attempt to test the resistance level near 0.4445, from which we can expect the cryptocurrency to continue to fall with a potential target of 0.4350, an additional signal in favor of the Ripple decline will be a test of the trend line on the relative strength index (RSI), canceling the variant falling quotations will be a strong growth and the breakdown of the area of 0.4610, in this case, we should expect the continuation of the upward trend in digital currency.
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