Trading plan: XRPUSD (Ripple)
Ripple rate is approaching the sales zone: $ 0.58 - $ 0.56.
Priority of the day: neutral position on XRPUSD.
We are still outside the Ripple market today, because we expect a small increase in its rate to the sales zone: $ 0.58 - $ 0.56.
Projected scenarios:
1. The rate of XRPUSD will drop from $ 0.58 to $ 0.50.
2. The XRPUSD rate will take a lateral movement until the end of the day.
An alternative scenario:
It is impossible to exclude a variant of the growth of Ripple rate to $ 0.58 and higher. Therefore, we expect the initiative of sellers, before making deals for the sale of Ripple.
Priority of the day: neutral position on XRPUSD.
We are still outside the Ripple market today, because we expect a small increase in its rate to the sales zone: $ 0.58 - $ 0.56.
Projected scenarios:
1. The rate of XRPUSD will drop from $ 0.58 to $ 0.50.
2. The XRPUSD rate will take a lateral movement until the end of the day.
An alternative scenario:
It is impossible to exclude a variant of the growth of Ripple rate to $ 0.58 and higher. Therefore, we expect the initiative of sellers, before making deals for the sale of Ripple.
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