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Daily Coin Calls: XRP & EOS

XRP/USD

Following the breakdown of the $0.4242, we saw $0.32862. Following this, Ripple has recently on the 6H constantly been rejected by the 0.35 Line.

Currently, trading in the region of $0.3448, it is in Nouvive’s opinion we will see a retest of the lower 0.330 line as a result of a lack of volume to carry Ripple past the 0.35 Mark as well as the overall indication of the Crypto Market as a whole behaving in a bearish Manner.

 

Below $0.32, the next major support way below at $0.24001, a level last seen on December 12, 2017. A fall to this level will complete a 100 percent retracement of the entire bull market that started in mid-December of 2017.

The last time we saw XRP at these levels was in June 2017.

EOS/USD

EOS is currently resting above the April Support level. According to the RSI Stoch it appears that there is enough Volume and Room for EOS to travel to the middle $6.30, before being rejected by the 90D Moving Average.

Short-term it appears that the EOS Dumping has finished for now and it looks to be wanting to travel up.

 

We anticipate strong buying in the zone of $3.8723 — $4.3396, but the traders should wait for the charts to confirm our expectations. Trades should not be taken based on assumptions but rather on the patterns that form on the charts.

 

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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)
$3981.97
44.00 RSI
1.06%
Buy
Ethereum (ETH)
$147.59
57.00 RSI
2.41%
Hold
XRP (XRP)
$0.33
55.00 RSI
1.52%
Hold
EOS (EOS)
$3.83
49.00 RSI
7.79%
Hold
Litecoin (LTC)
$51.04
62.00 RSI
6.72%
Hold
Bitcoin Cash (BCH)
$146.64
65.00 RSI
3.11%
Hold
Tether (USDT)
$1.01
47.00 RSI
-0.23%
Hold
Stellar (XLM)
$0.09
52.00 RSI
3.29%
Hold
TRON (TRX)
$0.03
35.00 RSI
1.69%
Buy
Binance Coin (BNB)
$10.75
61.00 RSI
-0.43%
Hold
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