Analysis for 2020-06-25
Ripple Coin (XRP) The test of the broken trend line on the relative strength index (RSI) will be in favor of the fall in XRP/USD quotes. As well as a rebound from the upper boundary of the descending 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 support area and the closure below 0.3250, we should expect confirmation of the development of a decline in Ripple.