Binance, the second-largest exchange by daily trading volume, has extended trading capabilities for the Turkish lira (TRY) and added a new trading pair for the lira and the Russian ruble (RUB).
The exchange has added order book trading for all of its Turkish lira trading pairs: BTC, ETH, XRP, BNB, and BUSD. Previously, only instant purchase or sale of cryptocurrencies was available to users.
Besides, the cryptocurrency exchange has added the ability to trade the Turkish lira and the Russian ruble in tandem with the stable coin USDT. Exchange customers can now take advantage of new features.
Let us recall that the opportunity to trade with the Russian ruble appeared at Binance in November this year. AdvCash payment system acted as a partner for depositing and withdrawing Russian fiat currency.
According to Statista, Turkey is the world leader in the adoption of cryptocurrencies – in connection with the devaluation of the national currency, the country’s citizens began to pay attention to alternative currencies, including bitcoin.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin fell slightly to the support level of $7,110, then it jumped to the resistance level of $7,230. Now, the price of bitcoin is $7,200. We expect an upward movement. The nearest resistance levels are $7,250, $7,400, $7,450, $7,550, $7,640, $7,800, $7,900, $8,000. The nearest support levels are $7,160, $7,110, $7,000, $6,850, $6,400, $6,200, $6,000.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum fell to the support level of $123, then it rose to the resistance level of $125. Now, the price of ethereum is $125. We expect an upward movement. The nearest resistance levels are $126, $129, $132, $135, $138, $139, $141, $143, $145, $146, $147, $150. The nearest support levels are $123, $120, $116.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple again fell to the support level of $0.1860, then it rose to the resistance level of $0.19. Now, the price of ripple is $0.1870. In our opinion, ripple has a chance to grow. The nearest resistance levels are $0.19, $0.1919, $0.1940, $0.1980, $0.20, $0.2040, $0.21. The nearest support levels are $0.1860, $0.18, $0.1870, $0.1750, $0.16.
