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!
The price of Ripple dropped a little in the short term and now is trading at 0.4503 at the time of writing. The altcoin crashed as the price of BTC/USD dropped. XRP/USD dropped by 6.82% from Friday's high of 0.4754 to 0.4430 today's low.
In the last 24 hours, XRP/USD is up by 0.18% but it's down by 3.05% in the last 7 days. Bitcoin's deeper drop should force the altcoin to drop deeper as well.
Technically, XRP/USD found resistance at the downtrend line. The token has tested and retested it, registering only false breakouts. Now, the price is challenging the weekly pivot point of 0.45 and the ascending pitchfork's lower median line (lml).
The 50% (0.4424) retracement level represents a downside obstacle as well. Still, staying near the downtrend line may announce an imminent breakout.
A valid breakdown below the lower median line (lml) and below the 50% Fibonacci level at 0.4424 will activate a larger drop and is seen as a selling signal.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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