Ripple forecast & technical analysis October 30, 2018


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Ripple XRP/USD are trading at 0.4377 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $18 342 801 979. At the moment, we should expect an attempt to test the resistance level near the 0.4450 area and the cryptocurrency growth to continue to the area below the level of 0.3500.

Ripple forecast & technical analysis October 30, 2018

In favor of the fall of XRP/USD quotes, a test of the bearish trend line on the relative strength index (RSI) will come out. Cancellation of the option of falling cryptocurrency will be a strong growth and closing of quotations above the level of 0.4800, which will indicate the breakdown of the resistance area and continued growth of XRP/USD to the area above the level of 0.5500. With the breakdown of the area of ​​support and closure below 0.4050, we should expect confirmation of the development of a fall by Ripple.

Ripple forecast & technical analysis October 30, 2018

Ripple forecast & technical analysis October 30, 2018 involves an attempt to test the resistance level near 0.4450, from which we can expect a further fall of cryptocurrency with a potential target of 0.3500, a test of the trend line on the relative strength index (RSI), cancellation option quotes will be strong growth and the breakdown of 0.4800 area, in this case, we can expect the continuation of the upward trend in digital currency.


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