Ripple forecast & technical analysis October 31, 2018


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Ripple XRP/USD are trading at 0.4414 and continue to move as part of the correction. The capitalization of cryptocurrency at the time of the publication of the forecast is $17 923 361 580. At the moment, we should expect an attempt to test the resistance level near the 0.4700 area and the continued growth of cryptocurrency in the area below the level of 0.3650.

Ripple forecast & technical analysis October 31, 2018

In favor of the fall of XRP/USD quotes, a test of the downward 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 0.4950, 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 31, 2018

Ripple forecast & technical analysis October 31, 2018 involves an attempt to test the resistance level near the 0.4700 area, from which we can expect a further fall in cryptocurrency with a potential target at 0.3650, a test of the trend line on the relative strength index (RSI), the cancellation option, will act as an additional signal to the Ripple drop. quotes will be strong growth and the breakdown of 0.4950 area, in this case, we can expect continued development of the upward trend in digital currency.


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