Ripple forecast & technical analysis October 24, 2018


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Ripple XRP/USD are trading at 0.4365 and continue to move as part of the fall. The capitalization of cryptocurrency at the time of the publication of the forecast is $17 629 069 468. At the moment, we should expect an attempt to test the resistance level near the 0.4450 area and the continued growth of cryptocurrency in the area above the level of 0.3950.

Ripple forecast & technical analysis October 24, 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 to reduce cryptocurrency will be a strong growth and closing of quotes above the level of 0.4600, which will indicate a breakdown of resistance and continued growth of XRP/USD in the area above the level of 0.4850. With the breakdown of the area of ​​support and closure below 0.4320, we should expect confirmation of the development of a decline in Ripple.

Ripple forecast & technical analysis October 24, 2018

Ripple forecast & technical analysis October 24, 2018 suggests an attempt to test the resistance level near the 0.4450 area, from which we can expect the cryptocurrency to continue to fall with a potential target of 0.3950, an additional signal in favor of the Ripple decline will be a test of the trend line on the relative strength index (RSI), canceling the variant falling of quotations will be a strong growth and the breakdown of the area of ​​0.4600, in this case we should expect the continuation of the development of the upward trend in digital currency.


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