Bitcoin, Ethereum, Ripple Prices - Bears Remain in Control | Webinar
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Cryptocurrency Prices, News and Technical Analysis
- Ripple (XRP) bounces but traders scratch their heads.
- Bitcoin (BTC) remains dominant and continues to out-perform.
Cryptocurrency Market Still Under $200 billion
The cryptocurrency market remains negative despite mini-rallies from fresh year-to-date lows. The charts continue to highlight a series of negative lower highs and while this remains then lower prices are expected. Market leader Bitcoin remains the dominanat coin and will continue to out-perform others over a short- to medium-term.
Ripple (XRP) made the headlines Tuesday, jumping around 20% in an hour on no news. Volumes remain low in all of the cryptos and an aggressive small-to-medium sized order can still move prices sharply. It remains to be seen if XRP has made a low for the year as it nears an important zone between $0.35 and $0.41.
Ripple (XRP) One Hour Price Chart (August 12 – September 19, 2018)
Recent Cryptocurrency Articles:
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Cryptocurrency Trader Resources
What’s your opinion on the cryptocurrency market? Share your thoughts and ideas with us using the comments section at the end of the article or you can contact me on Twitter @nickcawley1 or via email at firstname.lastname@example.org.
--- Written by Nick Cawley, Analyst.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.