The Ripple rate continues to decline.
Priority of the day: sell XRPUSD for $ 0.43.
The Ripple rate rapidly falls, renewing its lows. The reversal level for the purchase of Ripple is $ 0.56.
We plan to look for an entry point for the sale of Ripple in the zone: $ 0.50 - $ 0.48.
Projected scenarios:
1. The rate of XRPUSD will drop from $ 0.45 to $ 0.43.
2. The rate of XRPUSD will be in the flat.
Alternative scenario:
The Ripple rate can grow if there are large buyers. We believe that the breakage of the bearish Ripple trend will come near the level of $ 0.56.
Priority of the day: sell XRPUSD for $ 0.43.
The Ripple rate rapidly falls, renewing its lows. The reversal level for the purchase of Ripple is $ 0.56.
We plan to look for an entry point for the sale of Ripple in the zone: $ 0.50 - $ 0.48.
Projected scenarios:
1. The rate of XRPUSD will drop from $ 0.45 to $ 0.43.
2. The rate of XRPUSD will be in the flat.
Alternative scenario:
The Ripple rate can grow if there are large buyers. We believe that the breakage of the bearish Ripple trend will come near the level of $ 0.56.