RIPPLE XRP/USD is trading at the level of 0.2845. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for RIPPLE. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. It is expected that the test of the moving average will be at the level of 0.27, where again we should expect an attempt to continue growth and further development of the bullish trend in the RIPPLE cryptocurrency with the target of growth near the level of 0.33.
RIPPLE forecast & trading signals on June 24, 2017
The conservative area for purchases of RIPPLE is located near the lower border of the Bollinger Bands indicator strip at the level of 0.2490. The abolition of the option of continuing the growth of the XRP/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the lower boundary of the Bollinger Bands indicator bars and the closing of the RIPPLE quotes below the area of 0.2350, indicating a change in the bearish trend for XRP/USD. In the event of a breakdown of the upper boundary of the Bollinger Bands indicator bars, it is expected to accelerate the growth of the cryptocurrency in the area below the level of 0.33.
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