Ripple XRP/USD is trading at 0.2519. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.2500, from which it is expected to rebound and the growth of the cryptocurrency with the target near 0.2860.
Ripple prediction & analysis XRP/USD on October 16, 2017
Earlier, a medium strength signal was obtained for buy of the Ripple cryptocurrency, due to the crossing of the signal lines at the level of 0.2450. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.230, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of cryptocurrency is worth a breakdown of the level of 0.2590.
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