Ripple forecast & analysis XRP/USD on October 6, 2017


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Ripple XRP/USD is trading at the level of 0.2143. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The test area of ​​Ichimoku Kinko Hyo indicator signal lines near the level of 0.2060 is expected, from which it is expected to rebound and the growth of the cryptocurrency with the target close to 0.2350. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.

Ripple forecast & analysis XRP/USD on October 6, 2017

Ripple forecast & analysis XRP/USD on October 6, 2017

Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1900. 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 ​​0.1930, which will indicate the change of the bullish trend in favor of the bearish and continuing decline with the target below the level of 0.1750. Expect to accelerate the growth of quotations of the cryptocurrency is worth a breakdown of the level of 0.2350.

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