Ripple XRP/USD is trading at the level of 0.2250. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 0.2420, from which it is expected to try to fall and further develop the bearish trend over XRP/USD with the aim of decreasing near the level of 0.1835.
Ripple XRP/USD prediction & analysis on July 9, 2017
Earlier, a medium strength signal was obtained for sales of the Ripple cryptocurrency, due to crossing of the signal lines at the level of 0.2440. 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 0.2550, 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 0.2150.
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