Ripple XRP/USD is trading at the level of 0.2496. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Ripple. The test of the upper limit of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.2455, from which it is expected to rebound and the growth of the crypto currency with the target close to 0.2860. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel.
Ripple prediction & analysis XRP/USD on October 13, 2017
Earlier, a strong signal was received for buy of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2500. Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.2305, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of cryptocurrency is worth a breakdown of the level of 0.2590.