Ripple XRP/USD is trading at 0.66. 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 Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.65 level, from which it is expected to rebound and try to continue the growth of the cryptocurrency with the target near the level of 0.75.
Ripple forecast & analysis XRP/USD June 10, 2018
An additional signal in favor of the growth of the cryptocurrency will be a support level test, as well as a test of the lower bound of the «Triangle» model. Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at 0.66.
Cancellation of the growth option for the Ripple crypto currency will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and a close below the 0.62 area, indicating a shift in the bullish trend in favor of the bearish and the continued fall in the cryptocurrency. Expect to accelerate the growth of quotations XRP/USD is with the breakdown of the upper limit of the model «Triangle» and the closing above the level of 0.68.
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