Ripple XRP/USD traded at the level of 0.5241 and continue to move within the limits of the decline. The capitalization of the cryptocurrency at the time of publication of the forecast is $17 720 261 128. At the moment, we should expect a test of the resistance level near the area of 0.4950 and the continuation of the fall of the cryptocurrency into the area below the level of 0.3450.
Ripple forecast & technical analysis September 26, 2018
In favor of lowering the quotes XRP/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the variant of the fall of the crypto currency will be a strong growth and the closing of quotations above the level of 0.5350, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD to the area above the level of 0.5850. With the breakdown of the support area and the closing below the level of 0.4250, one should expect confirmation of the development of the bearish trend for Ripple.
Ripple forecast & technical analysis September 26, 2018 suggests an attempt to test the resistance level near the area of 0.4950, from where it is expected to continue the decline of the crypto currency with a potential target at 0.3450, an additional signal in favor of Ripple fall will test the trend line on the indicator of relative strength index (RSI).
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