XRP/USD complete the trading week at 0.4989 and continue to move as part of the growth and left the limits of the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a correction and test the support area near 0.4125. Where can we expect a rebound and continued growth of the cryptocurrency to the area above the level of 0.9005 again.
XRP Weekly Forecast September 26 — 30, 2022
An additional signal in favor of the growth of XRP quotes in the current trading week September 26 — 30, 2022 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the descending channel, which was broken up. Cancellation of the growth option for the Ripple cryptocurrency will be a fall in prices and a breakdown of the 0.3505 area. This will indicate a breakdown of the support area and a continued fall in XRP/USD quotes with a target below the level of 0.2505. The growth of the cryptocurrency will be confirmed by a breakdown of the resistance area and closing of quotes above the area of 0.6205.
XRP Weekly Forecast September 26 — 30, 2022 suggests an attempt to test the support level near the 0.4125 area. Where should we expect the continuation of the growth of quotations with a potential target at the level of 0.9005. An additional signal in favor of the rise in the cost of XRP will be a test of the trend line on the relative strength index (RSI). Cancellation of the cryptocurrency growth option will be a breakdown of the 0.3505 area. This will indicate a continuation of the fall with the target below the level of 0.2505.
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