Ripple XRP/USD traded at 0.66 and continue to move in the bullish trend. At the moment, we should expect an attempt to test the support area near the level of 0.63 and continue the growth of the cryptocurrency in the area above 0.80.
Ripple (XRP/USD) technical analysis June 8, 2018
In favor of the growth of quotations XRP/USD will test the bearish trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and the closing below the level of 0.58, which will indicate the continuation of the fall of XRP/USD in the area below the level of 0.45. With the breakdown of the resistance area and the closing above the level of 0.70, one should expect confirmation of the development of the upward trend in Ripple.
Ripple (XRP/USD) technical analysis June 8, 2018 suggests a test of the support level near 0.63, from which it is expected to grow the cryptocurrency with the potential target at 0.80, an additional signal in favor of Ripple’s growth will be a breakdown of the trend line on the indicator of relative strength index (RSI).
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