Ripple XRP/USD is trading at the level of 0.1516. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The growth of quotations of XRP/USD to the level of 0.1580 is expected, from which one should expect an attempt to drop and further develop the bearish trend for XRP/USD with the target of reducing near the level of 0.1140.
Ripple forecast & analysis XRP/USD on August 1, 2017
Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1920. Cancellation of the variant of falling quotations Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 0.1870, which indicates the change of the bearish trend in favor of the bullish. Expect to accelerate the fall in quotations for XRP/USD is with the breakdown of the local minimum area at the level of 0.1240.
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