Ripple forecast & technical analysis October 26, 2018


Ripple XRP/USD are trading at 0.4512 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $18 260 440 388. At the moment, we can expect an attempt to test the support level near the 0.4450 area and continue the growth of cryptocurrency in the area above the level of 0.4850.

Ripple forecast & technical analysis October 26, 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 0.4150, which will indicate a breakdown of the lower boundary of the bullish channel and the continued decline of XRP/USD to the area below the level of 0.3650. With the breakdown of the resistance area and closing above the level of 0.4750, we should expect confirmation of the development of growth in Ripple.

Ripple forecast & technical analysis October 26, 2018

Ripple forecast & technical analysis October 26, 2018 suggests an attempt to test the support level near the 0.4450 area, from which we can expect further growth of cryptocurrency with a potential target at 0.4850, a test of the trend line on the relative strength index (RSI) will act as a cancellation of the variant a rise in quotations will fall and the breakdown of the area of ​​0.4150, in this case, we should expect further development of the downward trend in digital currency.


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