Ripple XRP/USD is trading at the level of 0.1673. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Ripple. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.1700 level, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 0.2215.
Ripple XRP/USD prediction & analysis on August 6, 2017
Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.1575. Cancellation of the variant of growth of quotations XRP/USD will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.1500, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for XRP/USD is with the breakdown of the local maximum area at the level of 0.1900.
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