Trading plan: XRPUSD (Ripple)
The rate of Ripple broke through the ascending channel of its correction before other cryptocurrencies.
Priority of the day: a decrease in the rate of XRPUSD with a target of $ 0.435.
We predict a fall in the price of Ripple, after a test of $ 0.50, $ 0.48 levels from the bottom upwards.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.48 to $ 0.435.
2. The rate of XRPUSD may stay in the lateral movement for a couple of days.
An alternative scenario:
A spare plan is a sharp rise in Ripple price to $ 0.53. In that case, we will receive a loss on a short Ripple position.
Priority of the day: a decrease in the rate of XRPUSD with a target of $ 0.435.
We predict a fall in the price of Ripple, after a test of $ 0.50, $ 0.48 levels from the bottom upwards.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.48 to $ 0.435.
2. The rate of XRPUSD may stay in the lateral movement for a couple of days.
An alternative scenario:
A spare plan is a sharp rise in Ripple price to $ 0.53. In that case, we will receive a loss on a short Ripple position.
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