Ripple XRP/USD is trading at the level of 1.0163. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9540 is expected, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near 1.1280. An additional signal in favor of growth is the test of the lower boundary of the bullish channel.
Ripple forecast & analysis XRP/USD on December 22, 2017
Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.7400. 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 0.8200, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of the cryptocurrency XRP/USD is at the level breakdown of 1.0700.
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