Ripple XRP/USD traded at 1.97 and continue to move within the bearish correction. At this point, we should expect an attempt to continue falling into the area below the level of 1.35. Where again we should expect a rebound and the continued growth of the cryptocurrency in the area above the level of 2.55.
Ripple weekly forecast on January 15 — 19, 2018
In favor of the growth of quotations XRP/USD will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option will be breakdown at the level of 1.20, which will indicate the continuation of the fall of XRP/USD in the area below the level of 0.85.
Ripple weekly forecast on January 15 — 19, 2018 suggests a test of the support level near the 1.35 area, from which it is expected to continue growth with a potential target at 2.65, an additional signal in favor of Ripple growth will be a test of the trend line on the indicator of relative strength index (RSI).