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Ripple rallied in the short term and now is located at 0.4626. The altcoin ended its temporary drop and now it has turned to the upside as BTC/USD rallied as well. You knew from my previous analysis that XRP/USD could still jump higher despite the short-term retreat.
XRP/USD increased by 5.74% from yesterday's low of 0.4430 to 0.4684 today's high. In the last 24 hours, the altcoin is up by 3.48% but it's down by 0.82% in the last 7 days.
XRP/USD found support on the lower median line (lml) and now it has jumped above the downtrend line. I've told you in the previous analysis that staying near the downtrend line indicates an imminent breakout.
Technically, as long as it stays above the lower median line (lml) of the ascending pitchfork, XRP/USD could extend its swing higher.
A valid breakout above 0.4674 is seen as a buying opportunity.
*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।
