Don’t Be Fearful – Be Greedy : Trade XRP
Bitcoin is down 10%, the rest of the market collectively is also down an average of 21%. Warren Buffet has a saying: Be Greedy when others are Fearful’. Nouvive and Nouvive Official have found the best three coins to currently trade whilst the market is behaving erratically. XRP – Ripple
What does the technical Analysis Say?
Nouvive Intelligence has found that the best time frame following the BitDoomsDay is 45 Minutes
- On the 14th and 15th November, XRP at $0.43 hit a double bottom twice before bouncing. This illustrates that XRP will not go further than $0.43
- During the BitDoomsDay – we saw XRP bounce back immediately back to $0.47 following the 6% fall. This implies that both Market sentiment is high as well as there is a lot of market open interest in XRP.
- A triple bottom was seen at $0.46 as well, this implies that over the past three days, both $0.43 and $0.46 was tested as a bottom – each unwilling to give way. Nouvive sees $0.46 MORE THAN UNLIKELY to be re-tested again.
- During the asian market, $0.49 was hit twice before falling down, this was earlier today. There is a LARGE volume gap at $0.49 illustrating we may see XRP aim for this area once more.
Nouvive sees a Trade for XRP today at current $0.472 and a take profit at $0.49.
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.