Cryptocurrency Ripple XRP/USD is trading at the level of 0.2410. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.2440, from which one should expect an attempt to fall and further develop the bearish trend over the XRP/USD with a view to lower near the level of 0.2160.
Ripple XRP/USD prediction & analysis on July 7, 2017
Earlier, a strong signal was received for the sale of the Ripple cryptocurrency, due to the crossing of the signal lines at the level of 0.2438. 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 0.2570, 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 0.2220.
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