quantguy

Ripple Mean Reversion Day

It's a banality to reiterate that Ripple is ranging along with the rest of the cryptoverse. But like the other cryptos discussed in this report, it has maintained footing between levels, in this case, $1.28 and $1.42. The Kovach OBV remains bullish, but the Kovach Chande has dipped notably, indicating that now might present a nice buying opportunity. However, investors should be prepared to play the range, which is a theme today.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!

Join my discord at discord.io/quantguy
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.