• Cryptocurrencies: 2073
  • Markets: 16056
  • Market Cap: $102478726942.76
  • 24h Vol: $9802729197.1144

Start of the Week Observations

They say you wake up twice a day: Once in the morning and again when you wake up for coffee.

The same could be said for Bitcoin who has hit the Low 6,000 USD area 5 times in the past 6 Months. The same could again, be said for the 6,500 area that has been tried to breach several times over the weekend.

This area has had Monk Like strength, unlike an MMA fighter, it hasn’t gone down once. This $6,500 area, $305 and $0,35 for Ripple has proven to be unbreachable.

Despite this, Market Cap for the crypto market has gone up by $20 Billion. If bitcoin goes down by 6 per cent, we will re-see that 193 billion mark again. That means everyone who keeps asking: Yes, Ripple will see 0.25, perhaps 0.15 cents if we go to $4700-$5400.

What happens next?

The entire market is going through a trend area, we will keep seeing this area bounce, we’ve tried $6,500 5 times – Perhaps we will see $6,100 – further down to $5,700.

Nouvive will release a video on Instagram explaining – Patience isn’t for Pussies. A lot of investors think Nouvive are scared for waiting but sometimes the best positions are those that aren’t taken.

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

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)
$3250.01
46.00 RSI
0.14%
Hold
XRP (XRP)
$0.29
49.00 RSI
-1.18%
Hold
Ethereum (ETH)
$84.63
53.00 RSI
0.28%
Hold
Tether (USDT)
$1
45.00 RSI
0.18%
Hold
Stellar (XLM)
$0.1
56.00 RSI
-1.42%
Hold
EOS (EOS)
$1.91
43.00 RSI
4.59%
Buy
Litecoin (LTC)
$23.86
47.00 RSI
2.15%
Hold
Bitcoin Cash (BCH)
$78.37
40.00 RSI
-2.03%
Buy
Bitcoin SV (BSV)
$67.85
58.00 RSI
-4.70%
Hold
TRON (TRX)
$0.01
38.00 RSI
0.51%
Buy
Whats Your Bias this Week?