Ripple XRP/USD is trading at 0.2878 and continues to move in line with the decline. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a downward trend for Ripple. As part of the Ripple prediction & analysis XRP/USD December 17, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.3000. Where should we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with a goal near the level of 0.2600.
Ripple prediction & analysis XRP/USD December 17, 2018
An additional signal in favor of the fall of the XRP/USD cryptocurrency will be the test of the resistance area. As well as a rebound from the upper limit of the descending channel. Earlier, a medium strength signal was received for the sales of Ripple cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 0.3650.
Cancellation of the option of falling Ripple cryptocurrency will be a strong growth and the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the 0.3200 area. This option will indicate a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. Expect to accelerate the fall in prices XRP/USD stands with the breakdown of the support area and closing below 0.2550.
Ripple prediction & analysis XRP/USD December 17, 2018 involves an attempt to correct cryptocurrency and test levels of 0.3000. Where can we expect to continue the fall of the Ripple rate with a potential target near the level of 0.2600. Cancellation option reduction will make a strong growth and the breakdown of 0.3200. In this case, we should expect a continuation of the rise of cryptocurrency.
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