Ripple XRP/USD is trading at 0.4499. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The area of Ichimoku Kinko Hyo signal lines is expected near the level of 0.4150, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near 0.5560.
Ripple forecast & analysis XRP/USD on December 14, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the uplink. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2170. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.3190, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of the crypto currency XRP/USD stands with a breakdown of the level of 0.5000.
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