Ripple XRP/USD is trading at 0.2249. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected near the level of 0.2290, from which it is expected to rebound and continue falling of the crypto currency with the target close to 0.1960.
Ripple prediction & analysis XRP/USD on December 1, 2017
Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2450. 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 0.2450, which indicates the change of the bearish trend in favor of the bullish. Expect the acceleration of the fall in the price of the cryptocurrency of the XRP/USD with a breakdown of the support level and a close below 0.2100.
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