Ripple XRP/USD completes the trading week near the area of 0.2368. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. Expected to test the upper limit of the Cloud of the indicator near the level of 0.2150, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 0.3050.
Ripple weekly forecast on October 9 — 13, 2017
Earlier, we received a weak signal for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1860. Cancellation option Ripple fall of quotations will sample cloud base Ichimoku Kinko Hyo with closing quotations below 0.1830 area, that indicates to replace 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 0.2400.
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