Ripple XRP/USD traded at 0.3551 and continue to move within the growth. Capitalization of the cryptocurrency at the time of publication of the forecast is $13 008 835 993. At the moment, we should expect an attempt of the support level test near the area of 0.3355 and the continuation of the growth of the cryptocurrency in the area above the level of 0.3950.
Ripple forecast & technical analysis September 21, 2018
In favor of the growth of quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). Canceling the variant of growth of the cryptocurrency will be the reduction and closing of quotations below the level of 0.3150, which will indicate the breakdown of the upper boundary of the descending channel and the continuation of the fall of XRP/USD to the area below the level of 0.2850. With the breakdown of the resistance area and the closing above the level of 0.3650, we should expect confirmation of the development of the bullish trend for Ripple.
Ripple forecast & technical analysis September 21, 2018 suggests an attempt to test the support level near the area of 0.3355, from where it is expected to continue the growth of the cryptocurrency with a potential target at 0.3950, an additional signal in favor of Ripple’s growth will be a trend line test on the indicator of relative strength index (RSI), the company of quotations will decrease and the breakdown of the area is 0.3150.
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