RIPPLE XRP/USD is trading at the level of 0.2741. Quotes of the cryptocurrency are traded at the level of the moving average with a period of 55, which indicates the presence of a flat trend for RIPPLE. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. The Bollinger Bands upper limit test is expected at 0.2950, where again we should expect a fall attempt with a view to growth near the level of 0.2790.
Bollinger Bands forecast XRP/USD on June 26, 2017
The conservative area for buying of RIPPLE is located near the lower border of the Bollinger Bands indicator strip at the level of 0.2520. The abolition of the option of continuing the growth of the XRP/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the lower boundary of the Bollinger Bands indicator bars and the closing of the RIPPLE quotes below the area of 0.2490, indicating a trend reversal in favor of the bearish on XRP/USD. In the event of a breakdown of the upper boundary of the Bollinger Bands, it is expected to accelerate the growth of the cryptocurrency.
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