Ripple XRP/USD is trading at the level of 0.2158. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Expected to test the lower boundary of the Cloud near the level of 0.22, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1575.
Ripple forecast & analysis XRP/USD on August 30, 2017
Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2300. Cancellation of the fall of the quotations of Ripple will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 0.2400, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations of cryptocurrency is worth a breakdown of the support level and closing below 0.1750.
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