Ripple XRP/USD is trading at 0.79. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.78 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 1.00.
Ripple forecast & analysis XRP/USD April 27, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.88.
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 0.75, which will indicate the change of the flat trend in favor of the bearish trend. To expect the acceleration of the growth of the Ripple quotes is with the breakdown of the resistance area and the closing above the level of 0.90.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
