Ripple XRP/USD is trading at the level of 0.3105 and continues to move within the framework of the correction and the formation of the «Triangle» model. Quotes XRP/USD are moving inside Ichimoku Kinko Hyo clouds. This indicates the presence of a flat trend for Ripple. As part of the Ripple Forecast and Analysis XRP/USD March 12, 2019. A test of the lower border of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.3095. Where can we expect a rebound and an attempt to continue the growth of XRP/USD cryptocurrency with a goal near the level of 0.3400.
Ripple Forecast and Analysis XRP/USD March 12, 2019
An additional signal in favor of the growth of cryptocurrency XRP/USD will be the test area of support. The second signal will be a rebound from the lower boundary of the model «Triangle». Earlier, a weak signal was received for BUY the Ripple. The signal was formed due to the intersection of signal lines at the level of 0.3035. The nearest resistance area is located at 0.3205. The support area for XRP/USD is located at 0.3055.
Cancellation of the Ripple cryptocurrency growth option will be the fall and breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the 0.3005 area. This option will indicate a change in the flat trend in favor of the downward trend and the continuation of the fall of the 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 0.3225.
Ripple Forecast and Analysis XRP/USD March 12, 2019 involves an attempt to correct cryptocurrency and a test level of 0.3095. Where can we expect to continue the growth rate of Ripple with a potential target near the level of 0.3400. Cancellation of the lifting option will be the fall and breakdown of the 0.3005 area. In this case, we should expect a continuation of the decline of cryptocurrency with a potential target at the level of 0.2745.