Ripple XRP/USD is trading at the level of 0.2475. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The growth of quotations of XRP/USD near the level of 0.2560 is expected, from which one should expect an attempt to fall and develop the bearish trend for XRP/USD with the aim of decreasing near the level of 0.2160.
XRP/USD forecast & Ripple analysis on June 30, 2017
Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2530. Cancellation of the variant of falling quotes Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 0.2840, which indicates the change of the bearish trend in favor of the ascending trend. Expect the acceleration of the fall in quotes XRP/USD stands with the breakdown of the local minimum area at the level of 0.2270.
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