XRPLong
Trading plan: XRPUSD (Ripple)
The rate of Ripple grew sharply, after a long correction.
Priority of the day: the growth of XRPUSD rate to $ 0.5.
Buyers of Ripple managed to keep its price above the level of $ 0.46. Ripple will soon enter the sales zone: $ 0.53 - $ 0.51, so its growth will, in our view, not be long.
Projected scenarios:
1. The rate of XRPUSD will increase from $ 0.477 to $ 0.5.
2. The XRPUSD rate may be in flat until the end of the day.
Alternative scenario:
An alternative scenario is the fall in Ripple rate to $ 0.45. Today this scenario looks unlikely to happen.
Priority of the day: the growth of XRPUSD rate to $ 0.5.
Buyers of Ripple managed to keep its price above the level of $ 0.46. Ripple will soon enter the sales zone: $ 0.53 - $ 0.51, so its growth will, in our view, not be long.
Projected scenarios:
1. The rate of XRPUSD will increase from $ 0.477 to $ 0.5.
2. The XRPUSD rate may be in flat until the end of the day.
Alternative scenario:
An alternative scenario is the fall in Ripple rate to $ 0.45. Today this scenario looks unlikely to happen.
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