Ripple XRP/USD is trading at the level of 0.2608. The cryptocurrency is traded above the Ichimoku Kinko Hyo Cloud boundary, which indicates the existence of a bullish trend over Ripple. The Ichimoku Kinko Hyo border test is expected near the level of 0.2550, from which one should expect an attempt to grow and develop the bullish trend along Ripple with a potential target at 0.3095.
Ripple forecast XRP/USD on June 20, 2017
Earlier, we received a weak signal for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.25. Cancellation of the variant of the growth of the XRP/USD cryptocurrency quotes will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.2370, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations XRP/USD stands with the breakdown of the local maximum area at the level of 0.2740.
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