Trading plan: XRPUSD (Ripple)
Ripple does not give up. Near the zone: $ 0.62 - $ 0.60 buyers and sellers can not agree on the price of Ripple. True, the volume for the sale of Ripple is still higher than for the purchase. Therefore, we are rooting for the bears today.
Priority of the day: sell XRPUSD for $ 0.56.
The Ripple volume of trading fell, so the reversal upwards will be soon.
Projected scenarios:
1. Sell XRPUSD from $ 0.62 to $ 0.56.
2. Ripple rate can slowly sink to our target, without rolling back up.
Alternative scenario:
XRPUSD rate is able to surprise with its abilities for explosive growth. We do not exclude today a sharp boost of the price of Ripple up, so sellers are advised to be vigilant today and close their short positions on time. We consider the purchase of Ripple from $ 0.64 to $ 0.68.
Priority of the day: sell XRPUSD for $ 0.56.
The Ripple volume of trading fell, so the reversal upwards will be soon.
Projected scenarios:
1. Sell XRPUSD from $ 0.62 to $ 0.56.
2. Ripple rate can slowly sink to our target, without rolling back up.
Alternative scenario:
XRPUSD rate is able to surprise with its abilities for explosive growth. We do not exclude today a sharp boost of the price of Ripple up, so sellers are advised to be vigilant today and close their short positions on time. We consider the purchase of Ripple from $ 0.64 to $ 0.68.
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