Cryptocurrency Ripple (XRP/USD) is trading at 0.4830. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Ripple. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator bands.
As part of the Ripple course forecast, a test level of 0.5000 is expected. Where should we expect an attempt to continue the fall of XRP/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 0.4500. The conservative sales area for Ripple is located near the upper border of the Bollinger Bands indicator bars at 0.5140.
Ripple (XRP/USD) forecast and analysis on November 21, 2018
Cancellation of the option to continue the decline in the rate of Ripple will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and closing quotations of the pair above the area of 0.5200. This will indicate a change in the current trend in favor of the bullish XRP/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration of the fall of the cryptocurrency.
Ripple (XRP/USD) forecast and analysis on November 21, 2018 implies a test level of 0.5000. Further, it is expected to continue falling to the area below the level of 0.4500. The conservative sale zone is near the area of 0.5140. Canceling the option of falling cryptocurrency will result in a level of 0.5200. In this case In this case one should expect continued growth.
