Ripple XRP/USD is trading at 0.2354. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Ripple. The upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.2310, from which it is expected to rebound and continue the growth of the cryptocurrency with the target of near 0.2700.
Ripple prediction & analysis XRP/USD on November 27, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2250. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.2230, which indicates the change of a bearish trend in favor of the bullish trend. Expect to accelerate the growth of quotations of cryptocurrency XRP/USD stands with a breakdown of the level of 0.2490.
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