Ripple XRP/USD is trading at 0.45. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud near the 0.46 level is expected to test near the level of 0.46, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the level of 0.38.
Ripple forecast & analysis XRP/USD July 1, 2018
An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.43.
Cancellation of the variant of the Ripple crypto currency fall will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing above the area of 0.48, which will indicate a change in the bearish trend in favor of the bullish trend and the continued growth of the cryptocurrency. Expect to accelerate the fall in quotations XRP/USD is with the breakdown of the support area and closing below the level of 0.40.
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