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XRP Daily Price Analysis

  • Based on Positive News, XRP is showing Bullish Momentum
  • The 1D Chart is illustrating that a break-out is imminent within the next following weeks.
  • $0.45 is illustrating as a strong support.

Breaking. For Immediate Release and Trade

What does the Long-term Trade Analysis say? 

  • Based on Positive news by the DFSNY that Coinbase Trust will be added XRP to their Custodial Solutions – Many including Nouvive believe that XRP will be added to Coinbase as soon as this thursday.
  • On-Balance Volumes have increased since September 17th where there has been heavy accumulation evident.
  • 55Moving Average on the 1D is illustrating that it is acting as a resistance – it is doubted that XRP will go below it.
  • 90MA on the 1D is illustrating that it is acting as a resistance – it is also doubted that XRP will go below it.
  • Volume on the higher time frames is trending low – illustrating a move will be occurring soon.
  • This Positive Price action could see XRP go to $0.62.

What does the Short-term Trade Analysis say? 

  • Short-term we could see XRP go as high as $0.52 which was the recent All Time High over the past 14 Days.
  • The 200MA is currently acting as a support.
  • On the 4H, the moving averages are all about to cross-over – illustrating that a breakout to $0.525 will be occuring soon.
  • A closer-look shows that $0.50-525 there are a lot of buy side supply.

Nouvive awards XRP an intra-day BUY award based on the Positive Price action that has presented itself. 

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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