Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Ripple dropped in the short term and now is located at 0.5203 at the time of writing. After its strong rally, a short-term retreat was natural. Bitcoin's retreat forced the altcoin to drop as well. Still, XRP/USD could only test and retest the immediate support levels before jumping higher.
The altcoin dropped by 5.84% from Tuesday's high of 0.5480 to 0.5160 today's low. In the last 24 hours, Ripple is down by 2.38% but it's still up by 2.18% in the last 7 days.
As you can see on the H4 chart, the rate came back to retest the broken downtrend line after failing to reach the 0.5491 former high.
As long as it stays above the downtrend line and above 0.5068, the altcoin could try to develop a new leg higher.
Testing and retesting the immediate support levels may announce a new bullish momentum. A bullish closure above the former high is seen as a buying signal.
*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।
