XRP, IOTA, Dogecoin Price Analysis: 07 November

Dogecoin also appeared poised to move above a level of resistance it has been rejected from multiple times, and IOTA buyers appeared to be in the ascendancy once more. Alongside many other crypto-assets, XRP also posted strong gains in recent days as it surged from $0.232 toward resistance at $0.266.

IOTA was moving within a descending channel, and the loss of $0.235 support could have seen bears pushing the price as low as $0.218. The OBV showed that its ‘floor’ (orange) over recent weeks was not broken even as IOTA lost a level of support, suggesting that the volume of IOTA being sold was not as heavy as the price would suggest.

Timeline of Dogecoin, Iota, Xrp