The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
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।
