Dec 01, · Bitcoin just fails to break $20, Ripple’s volatility hits a fresh three-year high. The latest cryptocurrency rally is on pause at the moment with a wide range of coins and tokens. 3 min read • Team Ripple May 07, Like most cryptocurrency exchanges, BTC Markets experienced a serious growth spurt in when a surge of initial coin offerings inflated the digital asset market. Though this bubble soon burst, was also the year that BTC Markets added XRP to its exchange. 2 days ago · At its peak in January , the market was valued at more than $ billion. XRP's current market cap of $ billion is bested only by ether ($71 billion) and bitcoin .
Ripple xrp btc marketsBitcoin (BTC) Eyes $20,+, Ripple (XRP) Consolidating Record Volatility
To learn more about moving averages , check out DailyFX Education. The latest IG retail positioning data show that traders have been increasing their short positions into the recent rally. Retail trader data shows The number of traders net-long is 5.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
What is very noticeable on the Ripple daily chart is the sharp move higher in volatility using the ATR reading at the bottom of the chart. Ripple currently trades around 66 cents while the daily vol reading is nearly 7 cents, the highest level since the beginning of December and the start of the sharp spike higher. Traders of all levels and abilities will find something to help them make more informed decisions in the new and improved DailyFX Trading Education Centre.
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Live Webinar Live Webinar Events 0. Economic Calendar Economic Calendar Events 0. Duration: min. P: R:. Search Clear Search results. No entries matching your query were found. Free Trading Guides. Australia is a particularly promising place for BTC Markets to continue its growth.