Trading plan: XRPUSD (Ripple)
Ripple rate has risen in value.
Priority of the day: neutral position on XRPUSD.
The volume for Ripple purchases is higher than for sales, so we do not rush to sell it. Sales area for Ripple: $ 0.706 - $ 0.69. We plan to wait for clarity: either the Ripple rate will increase or it will drop from the sales area.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.67 to $ 0.706.
2. The Ripple rate will drop from $ 0.67 to $ 0.65.
An alternative scenario:
XRPUSD rate may be in the lateral movement for the rest of the day. This is another reason not to rush right now with deals on it.
Priority of the day: neutral position on XRPUSD.
The volume for Ripple purchases is higher than for sales, so we do not rush to sell it. Sales area for Ripple: $ 0.706 - $ 0.69. We plan to wait for clarity: either the Ripple rate will increase or it will drop from the sales area.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.67 to $ 0.706.
2. The Ripple rate will drop from $ 0.67 to $ 0.65.
An alternative scenario:
XRPUSD rate may be in the lateral movement for the rest of the day. This is another reason not to rush right now with deals on it.
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