• Cryptocurrencies: 2073
  • Markets: 16056
  • Market Cap: $102627732469.09
  • 24h Vol: $9821077949.1763

Coin Calls: Ripple

Ripple: Time to Go Again

Ripple is one of the only coins over the past one week that has seen over two green days. More recently, Ripple on news that they had confirmed 42ndPresident Bill Clinton saw a close to 6% pop.

Nouvive has been monitoring Ripple for the past several months. Nonetheless, on the higher time frames, we are interested in the double bottom that has presented itself.

The green box illustrated below shows that every time the wick touches it, it bounces by over 5%. Ripple has never dipped below this support level during the course of the year.

The selling pressure is slowly decreasing, meaning that volume for buys will overtake it leading from the green box (our entry level) to our take profit level.

Enter buy 50%: $0.42571

Enter buy 50%: $0.42438

Take Profit 100%: $0.518

Profit: 20% – Move Stop Losses up whenever in profit

Stop Loss: $0.42171

Risk: 2%

Time Line: 3 Weeks

 

 

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Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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ViFeed Indicators

Bitcoin (BTC)
$3254.45
46.00 RSI
0.30%
Hold
XRP (XRP)
$0.29
49.00 RSI
-1.13%
Hold
Ethereum (ETH)
$84.79
53.00 RSI
0.47%
Hold
Tether (USDT)
$1.01
45.00 RSI
0.23%
Hold
Stellar (XLM)
$0.1
56.00 RSI
-1.21%
Hold
EOS (EOS)
$1.9
43.00 RSI
4.39%
Buy
Litecoin (LTC)
$23.91
47.00 RSI
2.42%
Hold
Bitcoin Cash (BCH)
$78.34
40.00 RSI
-2.04%
Buy
Bitcoin SV (BSV)
$67.19
58.00 RSI
-5.98%
Hold
TRON (TRX)
$0.01
38.00 RSI
0.57%
Buy
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