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Solid ECN Securities | Best Place to Trade CFD Products
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[QUOTE="SOLIDECN, post: 211133, member: 80239"] [JUSTIFY][img]https://i.ibb.co/6n2qPgG/ad-3.png[/img] [/JUSTIFY] [HEADING=1][JUSTIFY]XRPUSD - Murrey analysis[/JUSTIFY][/HEADING] [JUSTIFY]The XRPUSD pair continues to trade within a long-term downtrend. However, in early June, the quotes formed a sideways range of 0.293–0.366, which they still cannot leave. Last week, the cryptocurrency again tested its upper limit but failed to break through higher and began to decline. At present, the price of the asset has consolidated below 0.3418, supported by the middle line of Bollinger bands, which gives the prospect of further decline to 0.2930. In case of a repeated breakout of 0.3418, the price will return to the area of 0.3662. In general, movement is predicted within the formed sideways range since there are no serious drivers for a trend change in the market. [img]https://i.ibb.co/whfS5Qj/xrp.png[/img] Technical indicators show opposite signals, confirming the uncertainty of the market: Bollinger bands are directed upwards, Stochastic reversed downwards, and the MACD histogram is near the zero line. Its volumes are insignificant. [B]Resistance levels[/B]: 0.3418, 0.366, 0.39 | [B]Support levels[/B]: 0.3174, 0.293 [/JUSTIFY] [HR][/HR] [JUSTIFY][URL='https://solidecn.com/']Visit solidecn.com[/URL] [URL='https://www.trustpilot.com/review/solidecn.com']Trust Pilot Score 4.9[/URL][/JUSTIFY] [/QUOTE]
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