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XRP, IOTA {MIOTA} price prediction for the week

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According to the candlestick chart associated with the XRP/USD pair on tradingview [based on data obtained from the Bitfinex Exchange], this top-ranked digital asset has returned to the green zone. For the past one-and-a-half weeks, most peaks tied to the Awesome Oscillator have possessed the brown shade. This signifies that sellers are building in number [and energy].

From 7th November onwards, the MACD line began soaring underneath the signal line. This resulted in the establishment of a crimson histogram below the zero line. The daily RSI [for 14 periods] has dipped towards 45.26 which brings XRP even closer to the oversold territory. The support level at $0.25078 may not remain intact; resistance can be felt if the virtual currency recovers and climbs towards $0.031533. I believe the success of SWELL might affect XRP’s performance, but nothing is certain at this point in time.

In accordance with the candlestick chart linked to the IOT/USD pair on tradingview [based on data obtained from the Bitfinex Exchange], one can ascertain that $MIOTA is still being controlled by bearish pressure. In the aftermath of 6th November, the MACD line ventured south of the signal line, thereby causing the histogram to switch sides and change color [from green to red].

The final 3 peaks tied to the Awesome Oscillator were formed beneath the zero line. Their brown shade signifies the growth of bearish momentum. The support level near $0.2594 remains strong, and barriers may be felt [initially] at $0.2851. The daily RSI [for 14 periods] is 46.54 which shows that IOTA is declining within the neutral zone.

If bears continue dominating, bulls will have no chance in November.

XRP is positioned at #3 in the market. The trading volume recorded is $1.438 billion, whereas the supply has 43,248,091,671 XRP coins included as part of circulation. The total market cap of XRP amounts to $12.148 billion. The price rose slightly, at a rate of 0.12% in the course of the past 24-hours. As of this instant, XRP itself is priced at $0.280902.

IOTA is ranked at #20 in the market. The trading volume recorded is $4.861 million. The price ascended at a rate of 1.59% in a matter of hours. This, in turn, caused $MIOTA to head all the way up to the $0.268882 mark where it presently rests. The total market cap of IOTA is $747.364 million.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.