Ripple XRP/USD is trading at 2.09. The 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 signal line area test is expected near the level of 1.82, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with the target close to 2.65.
Ripple forecast & analysis XRP/USD on December 31, 2017
Earlier, a strong signal was received for buy 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 become a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 1.35, which will indicate the change of the bullish tendency in favor of the bearish trend. Expect to accelerate the growth of quotations of the cryptocurrency XRP/USD stands with the breakdown of the level of 2.46.
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