Ripple XRP/USD is trading at 0.2561. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 0.2700, from which one should expect an attempt to fall and develop a bearish trend over XRP/USD with a view to lower near the level of 0.2400.
Ripple XRP/USD prediction & analysis on June 29, 2017
Earlier, a medium strength signal was received for sales of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2790. Cancellation of the fall of the quotes Ripple will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 0.2880, which indicates the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotes XRP/USD stands with the breakdown of the local minimum area at 0.2370.
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