Cryptocurrency RIPPLE XRP/USD is trading at the level of 0.2585. Quotes of the currency are traded below the moving average with a period of 55, which indicates the presence of a bearish trend for RIPPLE. At the moment quotes are testing the lower boundary of Bollinger Bands indicator strips. A moving average test is expected at 0.2670, where again we should expect an attempt to fall from a drop in growth near the level of 0.2270.
XRP/USD forecast & signals RIPPLE on June 27, 2017
Conservative sales area RIPPLE is located near the upper boundary of the Bollinger Bands indicator strip at the level of 0.2900. Canceling the option of continuing the fall of the XRP/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the upper boundary of the Bollinger Bands indicator bars and the closing of the RIPPLE quotes below the area of 0.2950, indicating a change in the bullish trend for XRP/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bars, it is expected to accelerate the growth of the cryptocurrency.
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