empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

27.04.202321:39 Forex Analysis & Reviews: Ripple accumulates more bullish energy

Ripple is moving sideways in the short term. After its strong drop, it could try to develop a new leg higher. It stands at 0.4640 at the time of writing. It seems undecided, so we have to wait for fresh opportunities.

Yesterday, it crashed as BTC/USD dropped. Now, it has turned to the upside as Bitcoin increased again. XRP/USD increased by 8.43% from yesterday's low of 0.4333 to 0.4698 today's high.

XRP/USD Sell-off Could Be Over!

Exchange Rates 27.04.2023 analysis

Technically, it's trapped between 0.4402 and 0.4790 levels in the short term. As you can see on the H4 chart, the rate registered a false breakdown with great separation below the lower median line (lml) of the ascending pitchfork indicating the end of the sell-off.

The current range could represent a bullish pattern. Still, we'll have to wait for a valid breakout from this formation before taking action.

XRP/USD Outlook!

A valid breakout above 0.4790 activates further growth and represents a bullish signal.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

Guadagna sulle variazioni del tasso di criptovaluta con InstaSpot
Scarica MetaTrader 4 e apri la tua prima transazione
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.