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  • 24h Vol: $57739864067.616

Ripple Bounce Spotted

Nouvive has release an Immediate buy at the levels stated below on Ripple.

The technical analysis is as follows:

During the middle of August, we witnessed XRP/Ripple bounce from the lows of $0.25471 all the way to $0.36.

This area marked in Red is a historical bounce zone on the lower time frames.

XRP’s Market sentiment is still close to an all-time high.

A bounce with Bitcoin also bouncing at the same time will lead to a 16.71% increase over 1 Week. Especially as in the $0.29 area, there appears to be far more buys – this area could be used as a Propeller to get XRP back to the usual range of just trading above $0.31.

The gradually decreasing volume illustrates a large move is about to occur. This coupled with far more buys than sells in the area – illustrates a strong support area. 

 

Nouvive recommends a long from $0.25471, with a stop loss at $0.25100 and a take profit at $0.29-0.32. Always increase stops in profit.

 

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486

ViFeed Indicators

Bitcoin (BTC)
$7463.73
56.00 RSI
0.80%
Hold
Ethereum (ETH)
$148.9
57.00 RSI
0.28%
Hold
XRP (XRP)
$0.22
44.00 RSI
1.60%
Buy
Tether (USDT)
$1
14.00 RSI
-0.06%
Buy
Bitcoin Cash (BCH)
$211.86
44.00 RSI
-0.27%
Buy
Litecoin (LTC)
$45.27
61.00 RSI
0.76%
Hold
EOS (EOS)
$2.72
60.00 RSI
1.16%
Hold
Binance Coin (BNB)
$15.64
33.00 RSI
0.23%
Buy
Bitcoin SV (BSV)
$96.09
55.00 RSI
1.52%
Hold
Stellar (XLM)
$0.05
30.00 RSI
-1.29%
Buy
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