Ripple XRP/USD is trading at the level of 0.1580. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.1640 level, from which it is expected to try to fall and further develop the bearish trend over XRP/USD with the target of lowering near the level of 0.1150.
Ripple XRP/USD prediction & analysis on August 2, 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 fall of the quotations of Ripple will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 0.1880, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations for XRP/USD is with the breakdown of the local minimum area at the level of 0.1240.
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