Ripple forecast & analysis XRP/USD on August 4, 2017


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Ripple XRP/USD is trading at the level of 0.1647. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1590 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the 0.1750 level.

Ripple forecast & analysis XRP/USD on August 4, 2017

Ripple forecast & analysis XRP/USD on August 4, 2017

Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1575. Consider buying Ripple is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 0.1830, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo should expect the continuation of the bearish trend in XRP/USD.


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