Ripple XRP/USD is trading at 0.42. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.4365 level, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.38.
Ripple forecast & analysis XRP/USD July 21, 2018
An additional signal in favor of reducing the XRP/USD cryptocurrency will be a resistance level test, as well as a test of the lower border of the channel. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.47.
Cancellation of the variant of the Ripple cryptocurrency fall will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing above the area of 0.4250, 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 0.4085.
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