Ripple XRP/USD is trading at 0.2032. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.2220 is expected, from which it is expected to rebound and drop the cryptocurrency with the target close to 0.1750.
Ripple prediction & analysis XRP/USD on October 20, 2017
An additional signal in favor of the fall is the resistance level test. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2540. 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 0.2520, 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 level of 0.1945.
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