Trading plan: XRPUSD (Ripple)

17 jul 2018

Current situation:
The Ripple rate is in the correctional channel. Today, we expect the rollback of Ripple price to support levels, and the continued growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 0.52;
$ 0.505;
$ 0.495.
Support levels:
$ 0.46;
$ 0.44;
$ 0.425;
$ 0.415.
Forecast:
The growth of Ripple rate from the level of $ 0.46 to $ 0.495.

17 jul 2018

Nota

Trend analysis: XRP/USD (Ripple)
Ripple quotation is in a downtrend.

Current situation:
Today, Ripple price is corrected downwards, after yesterday's growth to the level of $0.48. We still expect the price of XRP / USD to rise to the level of $0.51. Today, we forecast a price decline to the $0.45- $0.46 zone within the correction and continuation of the growth to the earlier announced target at $0.51.

Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.

Resistance levels:
$0.49;
$0.51;
$0.54.

Support levels:
$0.46;
$0.45;
$0.43;
$0.42;
$0.38.

Forecast:
Ripple price increase from the zone: $0.45- $0.46 with target $0.51.