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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & XRP – American Wrap 06 September

Dogecoin likely in the accumulation phase with 20% DOGE wallets sitting on unrealized profits

Pseudonymous technical analyst, Poseidon, concluded that Dogecoin price is likely in its accumulation phase after analyzing the monthly, weekly and daily charts. On-chain metrics from IntoTheBlock reveal that 20.73% of DOGE wallet holders are profitable at the current price level.
The Bitcoin (BTC) price seems set on doing the opposite of whatever the dollar index (DXY) does.
XRP is the crypto asset that will be used to power the international remittance service of banks that avail SBI Remit in three Asian countries. Japan’s largest remittance technology firm announced on Wednesday a new project which will enable the usage of XRP in remittance services for banks in the Philippines, Vietnam and Indonesia.

XRP/USD

Overview
Today last price 0.4993
Today Daily Change -0.0059
Today Daily Change % -1.17
Today daily open 0.5052
 
Trends
Daily SMA20 0.5179
Daily SMA50 0.6173
Daily SMA100 0.5683
Daily SMA200 0.5062
 
Levels
Previous Daily High 0.5083
Previous Daily Low 0.4989
Previous Weekly High 0.5495
Previous Weekly Low 0.4863
Previous Monthly High 0.7082
Previous Monthly Low 0.4294
Daily Fibonacci 38.2% 0.5025
Daily Fibonacci 61.8% 0.5047
Daily Pivot Point S1 0.5
Daily Pivot Point S2 0.4948
Daily Pivot Point S3 0.4906
Daily Pivot Point R1 0.5093
Daily Pivot Point R2 0.5135
Daily Pivot Point R3 0.5187

 

 

 

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