Ripple XRP/USD is trading at the level of 0.1495. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test of the lower boundary of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.1525, from which one should expect an attempt to fall and further develop the bearish trend with the target near the level of 0.1285.
Ripple prediction & analysis XRP/USD on August 22, 2017
An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a strong signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1525. Cancellation of the variant of falling quotations Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above the area of 0.1610, which indicates the change of the bearish trend in favor of the bullish trend.
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