Analysis for 2020-06-21
Ripple Coin (XRP) The test of the broken trend line on the relative strength index (RSI) will be in favor of the EUR/USD quotes drop. As well as a rebound from the upper limit of the bearish channel. Cancellation of the option to drop cryptocurrency will be a strong growth and closing of quotations above the level of 1.2360. This will indicate a breakdown of the resistance area and the continuation of the growth of the Euro/Dollar pair with a potential target above the level of 1.2470. With the breakdown of the support area and the closing below 1.2130, we should expect confirmation of the development of a downward movement in Ripple.