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Trading plan: XRPUSD (Ripple)
Current situation:
Ripple rate is still in a descending movement, despite short-term growth. We expect the continuation of its growth, after correction to 50% Fibonacci.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$0.57;
$0.54.
Support levels:
$0.50;
$0.47;
$0.44;
$0.42.
Forecast:
The growth of Ripple rate from the level of $0.47 to $0.57.
Ripple rate is still in a descending movement, despite short-term growth. We expect the continuation of its growth, after correction to 50% Fibonacci.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$0.57;
$0.54.
Support levels:
$0.50;
$0.47;
$0.44;
$0.42.
Forecast:
The growth of Ripple rate from the level of $0.47 to $0.57.
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