Ripple XRP/USD the trading week near the area of 2.73. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend over Ripple. The Ichimoku Kinko Hyo signal line area test is expected near the 2.55 level, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 3.60. An additional signal in favor of the growth of quotations of cryptocurrency will be a test of the level of support.
Ripple (XRP/USD) weekly forecast January 8 — 12, 2018
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 of Ichimoku Kinko Hyo with the closing of quotes below the area of 1.75, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 2.95.
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