Ripple XRP/USD completes the trading week near the area of 0.7182. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. Ichimoku Kinko Hyo signal line area test is expected near the 0.6050 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target close to the level of 0.9500.
Ripple (XRP/USD) weekly forecast December 18 — 22, 2017
Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2250. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.4900, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 0.8650.
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