Ripple XRP/USD traded at the level of 0.7070 and continue to move within the lateral movement. At the moment, we should expect an attempt to lower and test the lower limit of the «Triangle» model near the level of 0.6400. Where again we should expect a rebound and the continued growth of the Ripple rate with a target above 0.9670.
Ripple XRP/USD forecast on December 21, 2017
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). Cancellation of the growth option will be a breakdown of the area of 0.6000, which will indicate the outflow of quotes outside the model and the continuation of the fall of XRP/USD. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 0.8560.
Ripple XRP/USD forecast on December 21, 2017 suggests an attempt to test the lower bound of the «Triangle» model near the area of 0.6400, from which it is expected to rebound and continue growing above 0.9670, an additional signal in favor of Ripple growth will come from the testing line trend on the indicator of relative strength index (RSI).
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