Add as a preferred source on GoogleXRP Ties 2018 for Second-Worst November Loss at 19.2% So Far
EGRAG CRYPTO listed November 2019 as XRP’s worst month since 2013, at -23.6%. The historical comparison showed a 78.3% average November return and a -9.1% median.
Crypto analyst EGRAG CRYPTO listed XRP (XRP) at a -19.2% November return so far in a Nov. 14 post, tying 2018 for the token’s second-worst November since 2013. The comparison put 2019’s -23.6% return as the steepest November loss in that period.
The historical comparison showed an average November return of 78.3% and a median of -9.1%. The two figures show how differently the average and midpoint of XRP’s November returns have compared.
EGRAG CRYPTO said he remained bullish despite the decline, writing, “I’m firmly in the BULLISH CAMP.” He argued that XRP’s worst November performances preceded significant recoveries and added, “The bigger the fear, the sweeter the comeback.”
November’s final return remains unknown because the month is still underway.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.