Ripple forecast & analysis XRP/USD on August 17, 2017


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Ripple XRP/USD is trading at the level of 0.1483. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo indicator area signal line test near the level 0.1540 is expected, from which it is expected to try to fall and further develop the bearish trend with the target near the level of 0.1270.

Ripple forecast & analysis XRP/USD on August 17, 2017

Ripple forecast & analysis XRP/USD on August 17, 2017

Earlier, a strong signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1610. Cancellation of the variant of falling of quotations Ripple will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of ​​0.1710, which will indicate the change of the bearish trend in favor of the bullish trend.


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