Ripple XRP/USD completes the trading week near the area of 0.2065. Cryptocurrency is trading below the lower limit of Ichimoku Kinko Hyo, indicating a bearish trend in Ripple. A test of the lower border of the Ichimoku Kinko Hyo near the level of 0.2080 is expected, from which it is expected to rebound and continue falling of the cryptocurrency with the target near the level of 0.1540.
Ripple weekly forecast on November 13 — 17, 2017
Earlier, a weak signal was received for sell of Ripple cryptocurrency, due to the crossing of 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 0.2460, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is with the breakdown of the level of 0.1750.
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