Ripple forecast & technical analysis October 17, 2018


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Ripple XRP/USD are trading at 0.4433 and continue to move as part of growth. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 235 199 723. At the moment, we should expect an attempt to test the support level near the 0.4450 area and the continued growth of cryptocurrency in the area above the level of 0.4850.

Ripple forecast & technical analysis October 17, 2018

In favor of the growth of quotes XRP/USD stands the test of the rising trend line on the indicator of relative strength index (RSI). Cancellation of the cryptocurrency growth option will be the fall and close of quotes below the level of 0.3900, which will indicate breakdown of the lower boundary of the channel and the continuation of the fall of XRP/USD to the area below the level of 0.3650. With the breakdown of the resistance area and closure above the level of 0.4750, we should expect confirmation of the development of growth in Ripple.

Ripple forecast & technical analysis October 17, 2018

Ripple forecast & technical analysis October 17, 2018 suggests an attempt to test the support level near the 0.4450 area, from which one can expect continued growth of cryptocurrency with a potential target of 0.4850, a test in favor of the Ripple growth will be a test of the trend line on the indicator of relative strength index (RSI), cancellation growth of quotations will fall and the breakdown of the area of ​​0.3900, in this case, we can expect continued development of the downward trend in digital currency.


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