Cryptocurrency Ripple (XRP/USD) is trading at 0.4934. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Ripple. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.
As part of the Ripple course forecast, a test level of 0.4800 is expected. Where can we expect an attempt to continue the growth of XRP/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 0.5320. The conservative Ripple shopping area is near the lower border of the Bollinger Bands indicator at 0.4500.
Ripple (XRP/USD) forecast and analysis on November 20, 2018
Cancellation of the option to continue the growth of the Ripple rate will be the breakdown of the lower border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing quotes pair below 0.4400 area. This will indicate a change in the current trend in favor of the bearish XRP/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.
Ripple (XRP/USD) forecast and analysis on November 20, 2018 implies a test level of 0.4800. Further growth is expected to continue to the area above the level of 0.5320. The conservative buy zone is near the 0.4500 area. Cancellation options for the growth of cryptocurrency will make the breakdown level of 0.4400. In this case, we should expect the continuation of the fall.
