Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019 - Nodez News

Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019

Cryptocurrency Ripple (XRP/USD) is trading at 0.2990. 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 lower border of the Bollinger Bands indicator stripes.

Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019

As part of the Ripple course forecast, a test level of 0.3500 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 0.3270. The conservative sales area for Ripple is located near the upper border of the Bollinger Bands indicator strip at 0.3390.

Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019

Cancellation of the option to continue the depreciation of the Ripple will be a breakdown of the upper border of the Bollinger Bands indicator stripes. As well as the moving average with a period of 55 and the closing of quotations of the pair above the 0.3450 area. This will indicate a change in the current trend in favor of the bullish for XRP/USD. In case of breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Ripple (XRP/USD) weekly forecast on August 12 — 18, 2019 implies a test level of 0.3500. Further, it is expected to continue falling to the area below the level of 0.3270. The conservative area for selling Ripple is located area of 0.3390. Canceling the option of falling cryptocurrency will be a breakdown of the level of 0.3450. In this case, we should expect continued growth.


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