Ripple XRP/USD is trading at 0.49. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The test area of Ichimoku Kinko Hyo signal lines near 0.48 level is expected, from which we should expect a rebound and an attempt to continue the growth of the XRP/USD cryptocurrency with a target near the level of 0.53.
Ripple forecast & analysis XRP/USD July 19, 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 0.43, which will indicate a change in the bullish trend in favor of the bearish trend and the continued fall in the cryptocurrency. Expect to accelerate the growth of quotations XRP/USD stands with the breakdown of the upper boundary of the rising channel and closing above the level of 0.52.
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