Ripple XRP/USD is trading at the level of 0.2381. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.2390 is expected, from which it is expected to rebound and continue falling of the cryptocurrency with the target near 0.2070.
Ripple forecast & analysis XRP/USD on December 10, 2017
Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2170. Cancellation of the variant of falling of quotations Ripple will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 0.2450, which will indicate the change of the bearish trend in favor of the bullish trend and the continuation of growth within the bullish model of «Wolfe Wave» with a target at 0.2810. Expect to accelerate the fall of quotations of the cryptocurrency XRP/USD is at the level breakdown of 0.2170.
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