Ripple XRP/USD traded at 0.46 and continue to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 0.45 and continue the growth of the cryptocurrency in the area above the level of 0.52.
Ripple (XRP/USD) technical analysis July 10, 2018
In favor of the growth of quotations XRP/USD will test the upward trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the growth of the cryptocurrency will be the fall and breakdown of the lower border of the channel and the closing below the level of 0.43, which will indicate that the decline in XRP/USD continues below 0.41. With the breakdown of the resistance area and the closing above the level of 0.48, one should expect confirmation of the development of the bullish trend in Ripple.
Ripple (XRP/USD) technical analysis July 10, 2018 suggests a try of a support level test near the 0.45 area, from which it is expected to continue the growth of the cryptocurrency with a potential target at 0.52, an additional signal in favor of Ripple growth will be an uptrend test on the indicator relative strength index (RSI).
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