Ripple XRP/USD is trading at 0.97. 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 near the 0.90 level is expected, from which it is expected to rebound and try to continue the growth of the cryptocurrency with the target close to 1.30. 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 12, 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 crypto currency is with the breakdown of the resistance area and the closing above the level of 1.35.
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