Ripple XRP/USD traded at the level of 0.9866 and continue to move within the bullish channel. At the moment, we should expect an attempt to lower and test the lower border of the channel near the level of 0.9600. Where again we should expect a rebound and the continued growth of the Ripple rate with a target above the level of 1.3100.
Ripple XRP/USD forecast on December 26, 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 support and a closing below the area of 0.8300, indicating that the quotes are out of the channel and the continuation of the fall of XRP/USD. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 1.15.
Ripple XRP/USD forecast on December 26, 2017 suggests an attempt to test the lower border of the channel near the area of 0.9600, from which it is expected to rebound and continue growth to the level above the level of 1.3100, an additional signal in favor of Ripple growth will be a test of the trend line on the indicator relative strength index (RSI).
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