Trading plan: XRPUSD (Ripple)
Ripple rate fulfilled the plan for the targets of its growth. The resistance zone of the Ripple rate: $ 0.70 - $ 0.66, and the support zone: $ 0.58 - $ 0.50.
Priority of the day: neutral position on XRPUSD.
Today we are resting from trading, and we expect the emergence of bears. Strategic plan: to sell Ripple from the zone of resistance.
Projected scenarios:
1. The rate of XRPUSD will grow from $ 0.62 to $ 0.66.
2. Ripple rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The rate of XRPUSD may start its decline from $ 0.65 to $ 0.60 ahead of time.
Priority of the day: neutral position on XRPUSD.
Today we are resting from trading, and we expect the emergence of bears. Strategic plan: to sell Ripple from the zone of resistance.
Projected scenarios:
1. The rate of XRPUSD will grow from $ 0.62 to $ 0.66.
2. Ripple rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The rate of XRPUSD may start its decline from $ 0.65 to $ 0.60 ahead of time.
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