Ripple XRP/USD traded at 0.4643 and continues to move as part of growth. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 900 148 318. At the moment, we should expect an attempt to test the support level near the 0.4400 area and continue the growth of cryptocurrency in the area above the level of 0.5050.
Ripple forecast & technical analysis October 18, 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 0.4100, 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 0.4850, we should expect confirmation of the development of growth in Ripple.
Ripple forecast & technical analysis October 18, 2018 suggests an attempt to test the support level near the 0.4400 area, from which one can expect continued growth of cryptocurrency with a potential target of 0.5050, an additional signal in favor of the Ripple growth will be a test of the trend line on the relative strength index (RSI), the option being canceled growth of quotations will fall and the breakdown of the area of 0.4100, in this case, we should expect the continuation of the downward trend in digital currency.