Ripple XRP/USD is trading at the level of 0.2238. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.2290, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.2030. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2170.
Ripple forecast & analysis XRP/USD on December 11, 2017
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 0.2350, which will indicate the change of the bearish trend in favor of the bullish trend and the continuation of growth within the bullish model «Wolfe Wave» with the target at 0.2810. Expect to accelerate the fall of quotations of the cryptocurrency XRP/USD is at the level breakdown of 0.2145.
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