Trading plan: XRPUSD (Ripple)
Ripple rate is growing in price with difficulty. Only now it became clear that in the struggle, Ripple buyers win.
Priority of the day: growth of XRPUSD rate to $ 0.65.
Today we are on the side of Ripple buyers.
Projected scenarios:
1. The rate of XRPUSD will increase from $ 0.61 to $ 0.65.
2. Ripple rate may not reach our target today, and stay in the flat for another day.
Alternative scenario:
The rate of XRPUSD may fall from $ 0.62 to $ 0.58. The prerequisites for such a scenario are: prolonged lateral movement, strong resistance level - $ 0.62, incomplete downtrend.
Priority of the day: growth of XRPUSD rate to $ 0.65.
Today we are on the side of Ripple buyers.
Projected scenarios:
1. The rate of XRPUSD will increase from $ 0.61 to $ 0.65.
2. Ripple rate may not reach our target today, and stay in the flat for another day.
Alternative scenario:
The rate of XRPUSD may fall from $ 0.62 to $ 0.58. The prerequisites for such a scenario are: prolonged lateral movement, strong resistance level - $ 0.62, incomplete downtrend.
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