Ripple XRP/USD forecast on December 20, 2017


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Ripple XRP/USD traded at the level of 0.7632 and continue to move within the flat movement. At this point, we should expect an attempt to reduce and test the level of 0.6000. Where again we should expect a rebound and the continued growth of the Ripple rate with a target above the level of 0.6995.

Ripple XRP/USD forecast on December 20, 2017

In favor of falling quotations XRP/USD is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the area of ​​0.8500, which will indicate the continued growth of XRP/USD. Expect to accelerate the fall of the cryptocurrency is with the breakdown of the level of 0.6990.

Ripple XRP/USD forecast on December 20, 2017

Ripple XRP/USD forecast on December 20, 2017 assumes an attempt to test the support level near the area of ​​0.6000, from which it is expected to rebound and continue growth to the area above the level of 0.6995, an additional signal in favor of the fall of Ripple is the formation of a reversal model on the indicator of the relative strength index (RSI).


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