Ripple XRP/USD is trading at 0.46. 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 Cloud is expected to test near the 0.45 level, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency XRP/USD with the target close to 0.50.
Ripple forecast & analysis XRP/USD July 18, 2018
An additional signal in favor of the growth of the cryptocurrency XRP/USD will be a test of the support level, as well as a test of the lower border of the channel. Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.4300.
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 area of 0.41, which will indicate a change in the bullish trend in favor of the bearish trend and the continued fall in the cryptocurrency. Expect the acceleration of the growth of quotations XRP/USD is with the breakdown of the resistance area and the closing above the level of 0.47.
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