Ripple XRP/USD is trading at 0.2025. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in Ripple. The test of the lower bound of the Cloud of the indicator near the level of 0.2200 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1865.
Ripple forecast & analysis XRP/USD on September 6, 2017
Earlier, a weak signal was received for sales of the Ripple cryptocurrency, due to crossing of the signal lines at the level of 0.2350. Cancellation of the variant of falling of quotations Ripple will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 0.2430, which will indicate the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in the quotes of the cryptocurrency is with the breakdown of the support level and the closing below the area of 0.1700.
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