December 29, 2017. Market Review. Results of the Day. Ripple Jumps

December 30, 2017

December 29, 2017. Market Review. Results of the Day. Ripple Jumps

Changes (24h):

BTC 14,780 $ + 3.35%
847 000 BTC

ETH 743.57 $ + 3.77%
3 444 000 ETH

XRP 1.664 $ + 29%
2 952 000 XRP

BCH 2,735.50 $ + 5.49%
1 162 000 BCH


Gainers (24h):

Ripple + 29%

ZCash + 17%

Bitcoin Cash + 5.49%


Market Review.

  • CEO of Moscow Exchange: Cryptocurrency is the new gold.
  • 'Bitcoin is here to stay', said American billionaire Tilman Fertitta.
  • Central Bank of Russia will begin to explore the possibility of creating a cryptocurrency for BRICS.
  • Poloniex (USA) will disable all accounts that will not complete the full registration process.

Technical view.

While Bitcoin, Ethereum and Bitcoin Cash are "stuck" in the range, Ripple is bursting "to the Moon." After a series of positive news, Ripple grew by 570% in just 16 days. Identifying any resistance and support levels with a volatility that high is pointless. The only right strategy now is buying. Buy with an each break of the local maximum and a conditional exit from the position when the price going below the range.

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