Ripple XRP/USD is trading at 0.4492 and continues to move as part of the correction. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ripple. As part of the Ripple forecast & analysis XRP/USD October 23, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.4350, from which it is necessary to expect a rebound and an attempt to continue the growth of XRP/USD cryptocurrency with a target near the level of 0.5300.
Ripple forecast & analysis XRP/USD October 23, 2018
An additional signal in favor of the growth of XRP/USD cryptocurrency will be the test of the support level, as well as the test of the lower limit of the ascending channel. Previously, a strong signal was received for but of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.4450.
Cancellation of the Ripple cryptocurrency growth option will be a fall and a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below 0.4250, indicating a change in the upward trend in favor of the downward trend and the continuation of the fall in cryptocurrency. Expect to accelerate the growth of quotes XRP/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above the level of 0.4650.
Ripple forecast & analysis XRP/USD October 23, 2018 suggests an attempt to correct cryptocurrency and test level 0.4350, from which we can expect continued growth of the Ripple rate with a potential target near the level of 0.5300, the decline will be canceled and the breakdown of 0.4250 will occur, in this case It should be expected to continue to decline.