Trading plan: XRPUSD (Ripple)
Ripple has not yet found a support zone and is near the level of its resistance $ 0.67. If it manages to fix above it, then a good deal would be to buy with a target of $ 0.70.
Priority of the day: buy XRPUSD with a target of $ 0.70.
The analysis of volumes of Ripple speaks about the presence of buyers just near the zone $ 0.66 - $ 0.67. But, bears are still in force so it is better to wait for confirmation of the strength of the bulls.
Projected scenarios:
1. Buy XRPUSD from $ 0.67 to $ 0.70.
2. Ripple may stay in a narrow corridor: $ 0.67 - $ 0.68 for today.
An alternative scenario:
The rate of XRPUSD may drop sharply to $ 0.64. Such a scenario is quite possible if all other cryptocurrencies also will be in the red zone.
Priority of the day: buy XRPUSD with a target of $ 0.70.
The analysis of volumes of Ripple speaks about the presence of buyers just near the zone $ 0.66 - $ 0.67. But, bears are still in force so it is better to wait for confirmation of the strength of the bulls.
Projected scenarios:
1. Buy XRPUSD from $ 0.67 to $ 0.70.
2. Ripple may stay in a narrow corridor: $ 0.67 - $ 0.68 for today.
An alternative scenario:
The rate of XRPUSD may drop sharply to $ 0.64. Such a scenario is quite possible if all other cryptocurrencies also will be in the red zone.
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