Ripple XRP/USD s trading at the level of 0.2475. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.2500 level, from which it is expected to rebound and continue falling of the cryptocurrency with the target close to 0.2090.
Ripple forecast & analysis XRP/USD on December 4, 2017
Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2280. Cancellation of the variant of falling quotes Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above the area of 0.2650, which indicates the change of the bearish trend in favor of the bullish. Expect the acceleration of the fall in the price of the cryptocurrency of the XRP/USD with a breakdown of the support level and a close below 0.2100.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
