Ripple XRP/USD is trading at the level of 0.2144. 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 Cloud of the indicator near the level of 0.22 is expected, from which it is expected to rebound and drop the cryptocurrency with the target near the level of 0.1650.
Ripple prediction & analysis XRP/USD on August 31, 2017
Earlier, a weak signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2300. 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 quotes above the area of 0.2300, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations of cryptocurrency is worth a breakdown of the support level and closing below 0.1750.
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