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Ripple dropped a little in the short term but it could still resume its growth. It's trading at 0.3895 at the time of writing. After its strong growth, a minor retreat was natural. It could test and retest the immediate downside obstacles before jumping higher.
In the last 24 hours, XRP/USD is up by 1.16% and by 4.63% in the last 7 days. Technically, the price action signaled that the downside seems limited. Bitcoin's rebound helped the altcoins to gain ground.
Technically, the rate failed to stay above the 0.4015 static resistance. Now, it has dropped a little but the bias is bullish as long as the token stays above the uptrend line.
The upper median line (uml) represents a dynamic resistance. Staying near this dynamic resistance may signal an imminent breakout.
A valid breakout through 0.4015 and above the upper median line (uml) confirms further growth. This brings long opportunities.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
