Ripple XRP/USD is trading at 0.3203 and continues to move as part of growth. Quotes XRP/USD are moving inside Ichimoku Kinko Hyo clouds. This indicates the presence of a lateral trend for Ripple. As part of the Ripple Forecast and Analysis XRP/USD March 20, 2019. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.3180. Where should we expect a rebound and an attempt to continue the growth of XRP/USD cryptocurrency with a target near the level of 0.3390.
Ripple Forecast and Analysis XRP/USD March 20, 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 strong signal was received for BUY the Ripple cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 0.3201. The nearest resistance area is at 0.3270. The support area for XRP/USD is at the level of 0.3175.
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 the 0.2950 area. This option will indicate a change in the lateral trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. Expect acceleration of growth of quotes XRP/USD stands with the breakdown of the resistance area and closing above the level of 0.3390.
Ripple Forecast and Analysis XRP/USD March 20, 2019 involves an attempt to correct cryptocurrency and a test level of 0.3180. Where can we expect to continue the growth rate of Ripple with a potential target near the level of 0.3390. Cancellation of growth option will make the fall and the breakdown of the area of 0.3100. In this case, we should expect a continuation of the decline of cryptocurrency with a potential goal at the level of 0.2950.