Ripple XRP/USD is trading at the level of 0.1585. The Ichimoku Cloud of Kinko Hyo broke through the currency and began to trade below its lower limit, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1620 level, from which it is expected to try to drop and further develop the bearish trend over XRP/USD with the target of lowering near the level of 0.1150.
Ripple forecast & analysis XRP/USD on July 29, 2017
Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1920. Cancellation of the variant of falling quotes Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 0.1910, which indicates the change of the bearish trend in favor of the bullish. Expect to accelerate the fall in quotations for XRP/USD is with the breakdown of the local minimum area at the level of 0.1250.
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