Ripple XRP/USD traded at 0.3173 and continue to move within the correction. Capitalization of the cryptocurrency at the time of publication of the forecast is $ 12 936 272 151. At the moment, we should expect an attempt of the test of the support area near the level of 0.2950 and the continuation of the growth of the cryptocurrency in the area above the level of 0.3800.
Ripple (XRP/USD) technical analysis August 28, 2018
In favor of the growth of quotations XRP/USD will test the bullish trend line on the indicator of relative strength index (RSI). Canceling the variant of the growth of the cryptocurrency will be the drop and the closing of quotations below the level of 0.2650, which will indicate the breakdown of the support area and the continuation of the fall of XRP/USD to the area below the level of 0.2250. With the breakdown of the resistance area and the closing above the level of 0.3250, one should expect confirmation of the development of the upward trend for Ripple.
Ripple (XRP/USD) technical analysis August 28, 2018 assumes an attempt to test the support level near the area of 0.2950, from which it is expected to continue the growth of the cryptocurrency with the potential target at 0.3800, 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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