RIPPLE XRP/USD is trading at the level of 0.2250. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for RIPPLE. Currently, the quotes are testing the average border of the Bollinger Bands indicator bars. A moving average test is expected at 0.2370, where again we should expect a fall attempt with a target near the level of 0.1865. Conservative sales area RIPPLE is located near the upper border of the Bollinger Bands indicator strip at the level of 0.2470.
RIPPLE forecast & analysis XRP/USD on July 11, 2017
The abolition of 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 above the area of 0.2550, indicating a change in the bullish trend for XRP/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area below the level of 0.1865.
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