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.

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