Cryptocurrency Ripple XRP/USD is trading at the level of 0.2462. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud near the level of 0.2580 is expected to test the lower boundary of the Cloud, from which one should expect an attempt to drop and develop a bearish trend over the XRP/USD with a view to lower near the level of 0.2140.
Ripple XRP/USD prediction & analysis on July 1, 2017
Earlier, a weak signal was received for buying of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2530. 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 0.2765, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations XRP/USD is with the breakdown of the local minimum area at 0.2200.
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