Ripple XRP/USD completes the trading week near the area of 0.2491. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. Expected to test the upper limit of the Cloud of the indicator near the level of 0.2120, from which it is expected to rebound and the growth of the cryptocurrency with the target near the level of 0.3310.
Ripple weekly forecast on September 4 — 8, 2017
Earlier, a medium signal strength signal was obtained for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2140. 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 0.20, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 0.2900.
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