Ripple XRP/USD is trading at the level of 0.2335. 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 0.2420 is expected, from which it is expected to rebound and continue the fall of the cryptocurrency with the target close to 0.2120.
Ripple forecast & analysis XRP/USD on December 6, 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 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 0.2510, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in the price of the Cryptocurrency XRP/USD is with the breakdown of the support level and closing below 0.2280.
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