Ripple XRP/USD is trading at 0.41. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo signal line area test is expected near the 0.44 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 0.35.
Ripple forecast & analysis XRP/USD June 30, 2018
An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at 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 0.48, 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 0.40.
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