Trading plan: XRPUSD (Ripple)
Ripple rate stopped near the sales area: $ 0.7 - $ 0.69.
Priority of the day: sale of XRPUSD with a target of $ 0.62.
We will think about purchases of Ripple when it exceeds the price of $ 0.70. In order not to receive losses for the position for the sale of Ripple, we recommend entering a pending order below the current price.We will look for the point of entry for Ripple sales near the level of $ 0.67.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.68 to $ 0.62.
2. Ripple rate will rise from $ 0.68 to $ 0.72.
An alternative scenario:
XRPUSD rate may not begin its movement today and spend the day in flat. Then we will wait: either for the transaction for its sale or for the entry point.
Priority of the day: sale of XRPUSD with a target of $ 0.62.
We will think about purchases of Ripple when it exceeds the price of $ 0.70. In order not to receive losses for the position for the sale of Ripple, we recommend entering a pending order below the current price.We will look for the point of entry for Ripple sales near the level of $ 0.67.
Projected scenarios:
1. The rate of XRPUSD will decrease from $ 0.68 to $ 0.62.
2. Ripple rate will rise from $ 0.68 to $ 0.72.
An alternative scenario:
XRPUSD rate may not begin its movement today and spend the day in flat. Then we will wait: either for the transaction for its sale or for the entry point.
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