Ripple XRP/USD is trading at 0.88. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo upper limit test is expected near the level of 0.0.95, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.75. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test.
Ripple forecast & analysis XRP/USD on February 10, 2018
Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.74. Cancellation of the fall of the quotations of Ripple will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 1.05, which indicates the change of the flat trend in favor of the bullish trend. Expect to accelerate the fall of quotations of cryptocurrency is with the breakdown of the lower boundary of the Cloud of the indicator and the closing below the level of 0.65.
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