Ripple XRP/USD traded at the level of 0.5329 and continue to move within the correction. Capitalization of the cryptocurrency at the time of publication of the forecast is $21 510 849 246. At the moment, we should expect an attempt to test the upper boundary of the downlink near the area of 0.5450 and continue the fall of the cryptocurrency in the area below the level of 0.4160.
Ripple forecast & technical analysis September 27, 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 cryptocurrency will be a strong growth and the closing of quotations above the level of 0.5850, which will indicate the breakdown of the resistance area and the continued growth of XRP/USD in the area above the level of 0.6450. With the breakdown of the support area and the closing below the level of 0.4750, one should expect confirmation of the development of the bearish trend for Ripple.
Ripple forecast & technical analysis September 27, 2018 suggests an attempt to test the resistance level near the area of 0.5450, from where it is expected to continue the decline of the crypto currency with a potential target at 0.4160, an additional signal in favor of falling Ripple will test the trend line on the indicator of relative strength index (RSI).
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