Trading plan: XRPUSD (Ripple)
The rate of Ripple was in a lateral movement yesterday.
Priority of the day: neutral position on XRPUSD.
We are out of the market today, because it's too late to sell Ripple, and the reversal for its purchase has not come yet.
We stuck today to our forecast of a small increase in the Ripple rate to $ 0.50.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.47 to $ 0.50.
2. The rate of XRPUSD will drop from $ 0.47 to $ 0.42.
Alternative scenario:
Our plans may be spoiled by another day of flat for the Ripple rate.
Priority of the day: neutral position on XRPUSD.
We are out of the market today, because it's too late to sell Ripple, and the reversal for its purchase has not come yet.
We stuck today to our forecast of a small increase in the Ripple rate to $ 0.50.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.47 to $ 0.50.
2. The rate of XRPUSD will drop from $ 0.47 to $ 0.42.
Alternative scenario:
Our plans may be spoiled by another day of flat for the Ripple rate.
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