• Cryptocurrencies: 3234
  • Markets: 20579
  • Market Cap: $195523182790.03
  • 24h Vol: $61829535909.842

Buy the Dip: XRP

The Market is decreasing, by Nouvive’s outlook, it appears that this will not be for long. In any case, Nouvive in partnership with Nouvive Intelligence has found the perfect entry level for XRP at $0.49

What does the Technical Analysis say? 

  • On the 1D Higher time frame, it appears that XRP is always caught by the resistance level of either 15MA or 200MA. Such is the case as it has been caught by both as of today.
  • Accumulation on the 1D HTF appears that it has decreased over the past 2 days in the event of this dump, however just as it did on the 7th of November – it will spike up again.
  • RSI Stochastic on the 1D HTF has crossed over – appearing to reject a dump.
  • On the lower time frames, arp appears to be using the 90D MA to reject a dump – especially as volume is decreasing – this means a large volatile move will occur.
  • The RSI Stochastic is crossing over and OVERSOLD – indicating that we will bounce back off the 90D Moving Average.

Nouvive Intelligence believes that as a result of the positive fundamental drivers of this week for XRP and Ripple with the SWIFT conference – it is unlikely to decrease further than $0.488.

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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)
$7175.14
0.00 RSI
-0.61%
--
Ethereum (ETH)
$143.89
0.00 RSI
0.27%
--
XRP (XRP)
$0.22
0.00 RSI
0.36%
--
Tether (USDT)
$1.01
0.00 RSI
0.22%
--
Bitcoin Cash (BCH)
$209.06
0.00 RSI
-0.41%
--
Litecoin (LTC)
$44.26
0.00 RSI
0.28%
--
EOS (EOS)
$2.59
0.00 RSI
-0.51%
--
Binance Coin (BNB)
$14.57
0.00 RSI
-1.52%
--
Bitcoin SV (BSV)
$93.51
0.00 RSI
0.09%
--
Tezos (XTZ)
$1.66
0.00 RSI
-2.15%
--
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