Ripple XRP/USD is trading at 0.2241. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.2300 level, from which it is expected to rebound and continue falling of the cryptocurrency with the target close to 0.1950. Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2360.
Ripple forecast & analysis XRP/USD on December 9, 2017
Cancellation of the variant of falling of quotations Ripple will become a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 0.2380, which will indicate the change of the bearish trend in favor of the bullish trend and the continuation of growth within the bullish model of «Wolfe Wave» with a target at 0.2810. Expect to accelerate the fall of quotations of the cryptocurrency of XRP/USD is at the level breakdown of 0.2150.
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