Ripple XRP/USD is trading at the level of 0.1795. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. Ichimoku Kinko Hyo indicator area signal line test near the level 0.1710 is expected, from which one should expect an attempt of growth and further development of the bullish trend with the target near the level of 0.2150.
Ripple forecast & analysis XRP/USD on August 23, 2017
An additional signal in favor of the growth of XRP/USD will be a test of the support area. Earlier, a medium strength signal was obtained for buying of the Ripple cryptocurrency, due to the crossing of the signal lines at the level of 0.1575. 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 0.1500, which will indicate the change of the bullish trend in favor of the bearish trend.
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