Ripple XRP/USD is trading at 0.4544 and continues to move as part of the correction. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend in Ripple. As part of the Ripple forecast & analysis XRP/USD October 29, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.4500, from which one can expect a rebound and an attempt to continue the growth of XRP/USD cryptocurrency with a target near the level of 0.5000.
Ripple forecast & analysis XRP/USD October 29, 2018
An additional signal in favor of the growth of XRP/USD cryptocurrency will be a test of the support level, as well as a rebound from the lower border of the «Triangle» model. Earlier, a weak signal was received for SELL the Ripple, due to the crossing of signal lines at the level of 0.4500.
Cancellation of the Ripple cryptocurrency growth option will be the fall and breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closure of the lower area of 0.4900, indicating a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. Expect confirmation of the growth of XRP/USD quotes with the breakdown of the upper limit of the «Triangle» model and closing above the level of 0.4750.
Ripple forecast & analysis XRP/USD October 29, 2018 suggests an attempt to correct cryptocurrency and test level 0.4500, from which we can expect the Ripple rate to continue to grow with a potential target near the level of 0.5000, the decline will be canceled and the breakdown of the 0.4900 area will appear It should be expected to continue to decline.