Ripple XRP/USD is trading at the level of 0.2724 and continues to move within the framework of a bullish correction. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. As part of the Ripple forecast & analysis XRP/USD September 15, 2018, Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.2850, where we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.2350.
Ripple forecast & analysis XRP/USD September 15, 2018
An additional signal in favor of reducing the XRP/USD cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at 0.2670.
Cancellation of the variant of the Ripple cryptocurrency fall will be strong growth and breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 0.2950, which indicates a change in the downward trend in favor of the upward trend and the continued growth of the cryptocurrency. Expect to accelerate the fall in quotations XRP/USD is with the breakdown of the support area and closing below the level of 0.2550.
Ripple forecast & analysis XRP/USD September 15, 2018 suggests an attempt to correct the cryptocurrency and the 0.2900 test, from which it is expected to continue the fall of the Ripple exchange rate with a potential target near the level of 0.2450, the cancellation of the fall variant will show strong growth and breakdown of the area of 0.2950, in this We should expect continued growth.
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