Ripple XRP/USD is trading at 0.9203. 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 0.8510 is expected, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with the target close to 1.3270. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.9670.
Ripple forecast & analysis XRP/USD on December 25, 2017
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 quotes below the area of 0.7200, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the cryptocurrency XRP/USD stands with the breakdown of the upper limit of the «Triangle» model and the closing above the level of 0.9950.
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