Trading plan: XRPUSD (Ripple)
The Ripple rate continues its decline.
Priority of the day: decrease in the rate of XRPUSD to $ 0.41.
Bearish trend of Ripple continues. Today we do not rush to sell Ripple, because we are counting on a bounce of its rate upwards, with the nearest target of $ 0.48.
We are out of the market today, because other scenarios for the movement of Ripple rate are likely to happen.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.44 to $ 0.41.
2. The rate of XRPUSD will remain in flat.
Alternative scenario:
We forecast a rapid bounce of Ripple rate upwards, and we will look for opportunities for its purchase.
Priority of the day: decrease in the rate of XRPUSD to $ 0.41.
Bearish trend of Ripple continues. Today we do not rush to sell Ripple, because we are counting on a bounce of its rate upwards, with the nearest target of $ 0.48.
We are out of the market today, because other scenarios for the movement of Ripple rate are likely to happen.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.44 to $ 0.41.
2. The rate of XRPUSD will remain in flat.
Alternative scenario:
We forecast a rapid bounce of Ripple rate upwards, and we will look for opportunities for its purchase.
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