Cryptocurrency Ripple (XRP/USD) is trading at 1.0720. Quotes of the cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend for Ripple. At the moment, the quotes of the cryptocurrency are moving near the middle border of the Bollinger Bands indicator bars. A test of the level of 1.2560 is expected, from which one should expect an attempt to continue falling and further development of a downward trend with a target near the level of 0.4850.
Ripple (XRP/USD) forecast on February 19 — 25, 2018
The conservative sales area for Ripple is near the upper boundary of the Bollinger Bands indicator strip at 1.3000. Canceling the continuation of the fall of the pair XRP/USD will be a breakdown of the upper range of the Bollinger Bands indicator bands, as well as a moving average with a period of 55 and the closing of the pair quotes above the 1.5060 area, indicating a change in the trend in favor of the bullish for Ripple. In the event of a breakdown of the lower boundary of the bands of the Bollinger Bands indicator, it is expected to accelerate the fall.
