Ripple XRP/USD completes the trading week near the area of 0.2169. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ripple. A support level test is expected near the area of 0.2080, from which it is expected to rebound and the growth of the cryptocurrency with the target near the level of 0.3510.
Ripple weekly forecast on August 28 — September 1, 2017
Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1820. Cancellation option will be the breakdown of the growth of quotations of cloud Ichimoku Kinko Hyo with closing quotations below 0.1540 area, that indicates to replace the bullish trend in favor bearish. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 0.2900.
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