Ripple XRP/USD traded at 0.4359 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $17 756 474 513. At the moment, we should expect an attempt to decrease and test the support level near 0.3850. Further, the continuation of cryptocurrency growth in the region above the level of 0.5360.
Ripple forecast & technical analysis November 22, 2018
In favor of the growth of XRP/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.3450. This will indicate a breakdown of the support level and a continued decline in XRP/USD to the area below the level of 0.2850. With the breakdown of the resistance level and closing above the 0.4750 area, we should expect confirmation of the development of growth in the Ripple.
Ripple forecast & technical analysis November 22, 2018 involves an attempt to test the support level near 0.3850. Where can we expect to continue the growth of cryptocurrency with a potential goal at the level of 0.5360. An additional signal in favor of Ripple growth will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth of quotations will be the fall and the breakdown of the 0.3450 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
