Ripple XRP/USD is trading at 0.3116. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. As part of the forecast of the digital currency exchange rate, a test of the signal line area near the level of 0.3050 is expected, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with the target close to the level of 0.3870.
Ripple forecast & analysis XRP/USD August 19, 2018
An additional signal in favor of the growth of the XRP/USD cryptocurrency will be a test of the support level. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2650.
Cancellation of the growth option for the Ripple cryptocurrency will be the fall and breakdown of the lower Ichimoku Kinko Hyo Cloud with a close below the area of 0.2600, indicating a change in the flat trend in favor of the bearish trend and the continued fall of the crypto currency. Expect to accelerate the growth of quotations XRP/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing above the level of 0.3285.
Ripple forecast & analysis XRP/USD August 19, 2018 suggests an attempt at correction of the cryptocurrency and the test of the level of 0.3050, from which it is expected to continue the growth of the Ripple rate with the potential target near the level of 0.3870, the cancellation of the growth variant will drop and the breakdown of the area of 0.2600, in this case It is worth waiting for the continued decline.
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