Trading plan: XRPUSD (Ripple)
The Ripple rate has rolled back down, but still remains in flat.
Priority of the day: neutral position on XRPUSD.
We expect today to see a small increase in the rate of Ripple to $ 0.50. It is not the best place to look for the deals: the downward trend, so it is too early to buy Ripple.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.45 to $ 0.50.
2. The rate of XRPUSD will drop from $ 0.45 to $ 0.40.
An alternative scenario:
Ripple in flat is quite possible for the rest of the day.
Priority of the day: neutral position on XRPUSD.
We expect today to see a small increase in the rate of Ripple to $ 0.50. It is not the best place to look for the deals: the downward trend, so it is too early to buy Ripple.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.45 to $ 0.50.
2. The rate of XRPUSD will drop from $ 0.45 to $ 0.40.
An alternative scenario:
Ripple in flat is quite possible for the rest of the day.
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