Ripple XRP/USD traded at the level of 0.7360 and continue to move within the growth. At the moment, we should expect a correction and a test of the level of 0.7050. Where again we should expect a rebound and the continued growth of the Ripple with a target above the level of 1.02.
Ripple XRP/USD forecast on December 16, 2017
In favor of the growth of quotations XRP/USD will test the support line on the indicator of relative strength, as well as the formation of the reversal model «Head and Shoulders». Cancellation of the growth option will be a breakdown of the area of 0.6400, which will indicate the outflow of quotes outside the channel and the continuation of the fall of XRP/USD. Expect to accelerate growth is with the breakdown of the level of 0.8050.
Ripple XRP/USD forecast on December 16, 2017 assumes a test of the level of 0.7050, from which it is expected to rebound and continue growth in the area above the level of 1.02, an additional signal in favor of Ripple growth will be a test of the trend line on the indicator of relative strength index (RSI).
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