Ripple XRP/USD is trading at 0.4384 and continues to move in line with the decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. As part of the Ripple prediction & analysis XRP/USD November 2, 2018, Ichimoku Kinko Hyo signal lines are expected to test near the level of 0.4450. Where can we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with a goal near the level of 0.3945.
Ripple prediction & analysis XRP/USD November 2, 2018
An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance level, as well as a rebound from the lower border of the «Triangle» model. Earlier, a weak signal was received for SELL the Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.4500.
Cancellation of the option of falling Ripple cryptocurrency will be a strong growth and the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the 0.4650 area. This option will indicate a change in the downward trend in favor of the upward trend and the continued growth of cryptocurrency. Expect to accelerate the fall of XRP/USD quotes with the breakdown of the support area and closing below 0.4200.
Ripple prediction & analysis XRP/USD November 2, 2018 suggests an attempt to correct the cryptocurrency and test level 0.4450, from which we can expect the Ripple to continue falling with a potential target near the level of 0.3945, the strong growth and breakdown of the 0.4650 area will be canceled, If you can expect continued growth.