RIPPLE XRP/USD is trading at the level of 0.1750. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for RIPPLE. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. The test of the average border of the indicator at the level of 0.2100 is expected, where again we should expect a fall attempt with the target near the level 0.1180.
RIPPLE forecast & analysis XRP/USD on July 12, 2017
The conservative area for sales of RIPPLE is located near the area of 0.2250. 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 above the area of 0.2590, 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 0.1180.
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