Ripple XRP/USD is trading at the level of 1.09. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. Ichimoku Kinko Hyo upper limit test is expected near the level of 1.00, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target close to 1.31. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Ripple forecast & analysis XRP/USD on February 11, 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 variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 0.70, which will indicate the change of the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of cryptocurrency is worth a breakdown of the upper limit of the bearish channel and closing above the level of 1.35.
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