Over the past 24 hours, $XRP has taken a tremendous hit. It has dropped by over 22% from its $2.14 high to its current $1.65 level.
Ethereum is also experiencing a rough patch. Since yesterday, $ETH has taken a nosedive of nearly 20% (from $1.7K to $1.4K).
While there’s no denying that this is, indeed, bearish news, there’s a light at the end of the tunnel: There are bargain coins everywhere, and it’s a great time to buy the dip with the Best Wallet Token ($BEST).
MACD Indicator Suggests Possible $XRP Reversal
The Moving Average Convergence Divergence (MACD) highlights $XRP’s price against the US dollar, suggesting a $1.80 support level. If it hits beyond this range, it could signal a reversal.
MACD is a popular indicator that’s used in financial markets to analyze an asset’s price. It helps traders identify buy and sell opportunities based on signals.
Also, because the MACD (blue line) is below the Signal (orange line), it suggests bearish momentum. But if the MACD line crosses above the Signal line, it would indicate a bullish stance – and it’s not out of reach.
Oversold $ETH RSI Signals a Good Time to Buy
On the other hand, Ethereum’s Relative Strength Index (RSI) – another technical indicator that shows asset price movements – signals that $ETH is oversold and is due for a price rebound. This is because the RSI stands at 24.30, below the ‘oversold’ threshold.
Consequently, it indicates that now is possibly a favorable entry point for buyers seeking to buy $ETH at a low price before a potential turnaround.
To capitalize on these crypto bounce-backs and beyond, you can join the Best Wallet app, a leading anonymous crypto wallet. But to leverage all its advantages, be sure to acquire $BEST first.
Purchase $BEST, Join Best Wallet & Buy the Dip
$BEST is the native token of Best Wallet, a crypto wallet whose ultimate ambition is to shake up the $11B non-custodial market.
Considering that its mobile app’s interface is extremely user-friendly and that it supports 1K coins (even the best presale tokens and new meme coins), soon across 60 blockchains, we believe it has what it takes to do just that.
Featuring top presale coins is a major bonus. It enables you to invest in coins at their lowest-ever prices before they list on exchanges and their prices likely spike due to increased mainstream access.
Still, purchasing $BEST is when the magic really happens. Holders benefit from reduced transaction fees when buying tokens directly from the wallet (including $XRP and $ETH), coupled with 134% annual staking rewards and governance rights.
Having a say on the project’s future trajectory means you can contribute unique ideas to stabilize and sustain the Best Wallet ecosystem.
However, when scouring its bustling roadmap, which includes the launch of its own crypto debit card and an NFT gallery, it’s unlikely that this hot wallet will slow down anytime soon, regardless.
So far, $BEST has already snagged over $11.5M on presale. A couple of whale buyers (crypto giants) recently injected over $9.9K and $9.4K into the project, which shows that it’s easily one of the best cryptos to buy now.
Buy $BEST for Low-Cost $XRP & $ETH Gas Fees
Now could be the perfect time to buy $BEST, join Best Wallet, and take advantage of low transaction fees when purchasing $XRP and $ETH while their prices currently remain low.
Not forgetting, you can also enjoy early access to presale projects, significant staking rewards, and voting rights.
To be granted such privileges, you can buy $BEST for $0.024625 on the official Best Wallet Token presale website. Considering that we foresee its price shooting up to $0.072 by the end of this year, there’s simply no better time to get involved.
Check out our Best Wallet Token review for more information, but beware that we’re not financial advisors. You must always DYOR and never invest more than you’d be willing to lose.
