Ripple XRP/USD is trading at 0.4658. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.4600, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target near the level of 0.52.
Ripple forecast & analysis XRP/USD July 10, 2018
An additional signal in favor of the growth of the XRP/USD cryptocurrency will be a test of the support level, as well as a test of the upper boundary of the channel. Earlier, a medium strength signal was obtained for buy of the Ripple cryptocurrency, due to the crossing of the signal lines at 0.46.
Cancellation of the growth option for the Ripple cryptocurrency will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and a close below the 0.45 area, indicating a change in the flat trend in favor of a bearish and the continued fall in the cryptocurrency. Expect the acceleration of the growth of quotations XRP/USD and the resumption of the upward trend is with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing above the level of 0.49.
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