Ripple XRP/USD is trading at the level of 0.1553. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1630 level, from which it is expected to try to fall and further develop the bearish trend with the target of lowering near the level of 0.1340.
Ripple forecast & analysis XRP/USD on August 21, 2017
Earlier, we received a weak signal for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1640. 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. Expect to accelerate the fall in quotations for XRP/USD is with the breakdown of the local minimum area at the level of 0.1410.
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