Ripple XRP/USD is trading at 0.3668 and continues to move as part of the correction. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend on Ripple.
As part of the Ripple prediction & analysis XRP/USD January 8, 2019, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.3600. Where can we expect a rebound and an attempt to continue the growth of XRP/USD cryptocurrency with a goal near the level of 0.4200.
Ripple prediction & analysis XRP/USD January 8, 2019
An additional signal in favor of the growth of cryptocurrency XRP/USD will be the test area of support. As well as a rebound from the lower boundary of the model «Triangle». Previously, a strong signal was received for the SELL the Ripple cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 0.3565.
Cancellation of the Ripple cryptocurrency growth option will be a fall and a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the 0.3300 area. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. Expect to accelerate the growth of XRP/USD quotes with the breakdown of the upper limit of the model «Triangle» and closing above the level of 0.3800.
Ripple prediction & analysis XRP/USD January 8, 2019 implies an attempt to correct cryptocurrency and a test level of 0.3600. Where can we expect to continue the growth rate of Ripple with a potential target near the level of 0.4200. Cancellation of growth option will make the fall and the breakdown of the area 0.3300. In this case, we should expect a continuation of the decline in cryptocurrency.