Ripple XRP/USD is trading at the level of 0.2252. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a change in the bearish trend for Ripple in favor of the bullish trend. Expected to test the upper limit of the Cloud of the indicator near the level of 0.2210, from which it is expected to rebound and the growth of the cryptocurrency in order to close the level of 0.2810.
Ripple forecast & analysis XRP/USD on September 1, 2017
An additional signal for the benefit of the growth of quotations of cryptocurrency will be the test of the lower boundary of the bullish channel. Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1990. 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 0.2150, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of cryptocurrency is worth a breakdown of the level of 0.2350.
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