VARZAR_INVESTMENT

Trading plan: XRPUSD (Ripple)

BITSTAMP:XRPUSD   Ripple
The rate of Ripple is still in flat.
Priority of the day: neutral position on XRPUSD.
The situation with Ripple is still uncertain: its rate should fall down the trend, but we forecast a small increase to $ 0.50. Naturally, we do not plan to buy Ripple against the trend now, we'll wait for the best situation.
Other scenarios are possible.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.45 to $ 0.50.
2. The rate of XRPUSD will decrease from $ 0.45 to $ 0.40.
Alternative scenario:
Given the reduced volatility of the whole crypto market, Ripple in flat is possible for another day.

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