Ripple XRP/USD are trading at 0.4356 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $17 978 865 447. At the moment, we should expect an attempt to test the resistance level near the 0.4575 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.3650.
Ripple forecast & technical analysis November 21, 2018
In favor of the fall of XRP/USD quotes, a test of the 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 quotations above the level of 0.4770. This will indicate a breakdown of the resistance level and continued growth of XRP/USD to the area above the level of 0.5180. With the breakdown of the support level and closing below the area of 0.3970, we should expect confirmation of the development of a decline in Ripple.
Ripple forecast & technical analysis November 21, 2018 involves an attempt to test the resistance level near the 0.4575 area. Where can we expect to continue to decline cryptocurrency with a potential target at the level of 0.3650. An additional signal in favor of the fall of Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the option to reduce quotes will be a strong growth and the breakdown of the 0.4770 area. In this case, we should expect the continuation of the development of the upward trend in digital currency.
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