Ripple XRP/USD traded at the level of 0.7245 and continue to move in the formation of the model «Triangle». At the moment, we should expect an attempt to reduce and test the level of 0.7000. Where again we should expect a rebound and the continued growth of the Ripple rate with a target above 0.9490.
Ripple XRP/USD forecast on December 19, 2017
In favor of the growth of quotations XRP/USD will perform a test of the broken support line on the indicator of relative strength. The cancellation of the growth option will be the breakdown of the area 0.66250, which will indicate the exit from the «Triangle» model and the continuation of the fall of XRP/USD. To expect the acceleration of growth is with the breakdown of the level of 0.8300.
Ripple XRP/USD forecast on December 19, 2017 assumes a test of the level of 0.7000, from which it is expected to rebound and continue growth to the area above 0.9490, an additional signal in favor of Ripple growth will be a test of the support line on the indicator of relative strength index (RSI).
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