Ripple XRP/USD is trading at 0.9583. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.9210, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near 1.3150.
Ripple forecast & analysis XRP/USD on December 26, 2017
Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.9670. 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 0.7500, 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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