is slowing down. The biggest digital assets have already lost around 5% of their value, including Ethereum, Bitcoin and XRP.The 20% rally XRP has showed us in the last few days did not transform into a full reversal as some market participants expected. Unfortunately, the coin stopped at the local resistance level of $0.4.Coincidentally, the psychological resistance level stayed around the 50-day moving average that acts as a serious barrier for assets that are moving in a sharp downtrend.
The"macro" reason would be the European Central Bank's first rate hike since 2011. The majority of financial analysts were expecting a similar decision from the European regulator, considering the inflation rally that caused the parity of the Euro with the U.S. Dollar, which is something we have not seen for the last 20 years.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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