Ripple XRP/USD is trading at 0.44. 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 0.47 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.36.
Ripple forecast & analysis XRP/USD June 29, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at 0.47.
Cancellation option cryptocurrency Ripple sample will fall upper limit Clouds Ichimoku Kinko Hyo and closing region above 0.50, which points to change bearish trend in favor bullish trend and cryptocurrency continued growth. Expect to accelerate the fall of quotations XRP/USD is with the breakdown of the lower limit of the model «Triangle» and closing below the level of 0.42.
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