Ripple forecast & technical analysis November 6, 2018


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Ripple XRP/USD are trading at 0.4599 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 680 363 033. At the moment, we should expect an attempt to test the support level near 0.4525 and the growth of cryptocurrency in the region above the level of 0.4790.

Ripple forecast & technical analysis November 6, 2018

In favor of the growth of XRP/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. Cancellation of the option of cryptocurrency growth will be the fall and close of quotes below the level of 0.4450, which 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 0.4300. With the breakdown of the resistance area and closure above the level of 0.4715, we should expect confirmation of the development of growth in Ripple.

Ripple forecast & technical analysis November 6, 2018

Ripple forecast & technical analysis November 6, 2018 suggests an attempt to test the support level near 0.4525, from which we can expect further growth of cryptocurrency with a potential target at 0.4790, a test of the trend line on the relative strength index (RSI), the option cancel growth of quotations will fall and the breakdown of 0.4450 area, in this case, we should expect the continuation of the downward trend in digital currency.


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