Ripple XRP/USD is trading at 0.4392 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 digital currency exchange rate forecast for October 30, 2018, a test of the lower border of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.4450, from which one can expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with a target near the level of 0.3800.
Ripple prediction & analysis XRP/USD October 31, 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 fall in the Ripple cryptocurrency will be a strong growth and the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above 0.4700, indicating 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 October 31, 2018 suggests an attempt to correct cryptocurrency and test level 0.4450, from which we can expect the Ripple to continue falling with a potential target near 0.3800, the cancellation of the decline option will be a strong growth and a breakdown of 0.4700, in this If you can expect continued growth.