Ripple XRP/USD is trading at the level of 0.1736. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.1700 level, from which it is expected to attempt an increase and further development of the bullish trend with a target to growth near the 0.1995 level.
Ripple forecast & analysis XRP/USD on August 10, 2017
Earlier, a strong signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1670. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.1570, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for XRP/USD is with the breakdown of the local maximum area at the level of 0.1910.
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