XRPLong
Trading plan: XRPUSD (Ripple)
The rate of Ripple sharply bounced from the level of $ 0.52 downwards.
Priority of the day: the growth of XRPUSD to $ 0.53.
We forecast a small increase in the rate of Ripple to the target, after correction to the zone: $ 0.465 - $ 0.45.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.465 to $ 0.53.
2. The XRPUSD rate may not exit flat and remain there.
An alternative scenario:
Since the trend is still bearish, Ripple rate may continue its decline to $ 0.41.
Priority of the day: the growth of XRPUSD to $ 0.53.
We forecast a small increase in the rate of Ripple to the target, after correction to the zone: $ 0.465 - $ 0.45.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.465 to $ 0.53.
2. The XRPUSD rate may not exit flat and remain there.
An alternative scenario:
Since the trend is still bearish, Ripple rate may continue its decline to $ 0.41.
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