Ripple weekly forecast on November 20 — 24, 2017


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Ripple XRP/USD completes the trading week near the area of ​​0.2238. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.2140 is expected, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 0.2535.

Ripple weekly forecast on November 20 — 24, 2017

Ripple weekly forecast on November 20 — 24, 2017

Earlier, a weak signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at 0.2060. 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 ​​0.1950, which indicates the change of the flat trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 0.2350.


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