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Home ยป Analysis of Recent Market Performance and Technical Analysis of Return to the English
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Analysis of Recent Market Performance and Technical Analysis of Return to the English

By adminMay. 7, 2024No Comments1 Min Read
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Analysis of Recent Market Performance and Technical Analysis of Return to the English
Analysis of Recent Market Performance and Technical Analysis of Return to the English
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Around seven days ago, the cryptocurrency XRP discovered a strong foundation at the golden ratio of roughly $0.475. This prompted a surge in its value, propelling Ripple to reach a resistance point close to the 200-day Exponential Moving Average (EMA) average of $0.567 yesterday. However, at this juncture, Ripple encountered a temporary decline. Nonetheless, the Moving Average Convergence Divergence (MACD) indicator persistently indicates positive market trends.

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