• Cryptocurrencies: 2108
  • Markets: 16362
  • Market Cap: $140200735435.89
  • 24h Vol: $30965395159.492

XRP: Where will you go this Week?

  • XRP has several fundamental news drivers this week
  • XRP could fall to $0.44 before bouncing to $0.52

 

XRP could see a bullish dive to $0.44 before bouncing to $0.525. How do we play XRP this week?  

What does the Technical Analysis Show Us? 

  • Buy-Side volume has been steadily increasing – especially as on Sunday – The entire market broke out – increasing on average 4.7%.
  • The increase on XRP allowed for a further Higher High and Higher low on the 1W – therefore still illustrating bullish momentum.
  • The RSI Stochastic on the 1W illustrates that it is in A HOLD Position according to Nouvive’s AI program.
  • A closer look illustrates that the stochastic has just crossed-over seeing this week extremely bullish.
  • OBV on the 1D has spike down illi

Bullish Bias: 

  • Buy-Side volume has been steadily increasing – especially as on Sunday – The entire market broke out – increasing on average 4.7%.
  • The increase on XRP allowed for a further Higher High and Higher low on the 1W – therefore still illustrating bullish momentum.
  • A closer look illustrates that the stochastic has just crossed-over seeing this week extremely bullish.

Bearish Bias: 

  • The RSI Stochastic on the 1W illustrates that it is in A HOLD Position according to Nouvive’s AI program.
  • OBV on the 1D has spike down illustrating that a down move will occur.
  • On the 1D THE RSI Stochastic has crossed-over – showing a move down of -4% will occur to $0.44 before a spike uo
  • It is MORE THAN LIKELY XRP will be unable to breakout of its bullish pennant until it rests $0.44

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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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