Ripple XRP/USD is trading at 0.65. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud low limit test is expected near the 0.70 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.45.
Ripple forecast & analysis XRP/USD on March 21, 2018
An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.60.
Cancellation of the fall of the quotations of Ripple will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 0.75, which indicates a change in the bearish trend in favor of the bullish. Expect to accelerate the fall of quotations of cryptocurrency XRP/USD is with the breakdown of the support area and closing below 0.60.
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