Analysis for 2020-06-23
Ripple Coin (XRP) The test of the resistance line on the relative strength index (RSI) will be in favor of the fall of the cryptocurrency. The second signal in favor of the drop will be a rebound from the upper boundary of the ascending channel. Cancellation of the option to reduce cryptocurrency will be a strong growth and closing of quotations above the level of 0.3700. This will indicate a breakdown of the upper boundary of the channel and continued growth of XRP/USD to the area above the level of 0.4100. With the breakdown of the area of support and closure below 0.3250, we should expect confirmation of the development of a decline in Ripple.