Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Cryptos' Christmas party begins as coins break resistance, levels - Confluence Detector
After a long period of slumber at low levels, cryptocurrencies are finally waking up and smelling the coffee. Are they about to enjoy a Santa Rally? There seems to be no significant trigger for the rise. Did whales begin accumulating after the big dump?
Litecoin has been the market leader today with gains in excess of 11% on Monday. Indeed, it’s a happy Monday in the crypto currency market or has Santa Claus come early? The entire market has seen a considerable recovery following the drop below $100 billion last week. At the time of writing the market is standing at $109 billion.
Ethereum Technical Analysis: ETH/USD the bulls are brought back to life, but must breakout from range-block
Ethereum holding gains over 6.5% into the afternoon on Monday, thanks to a pick up across the market. ETH/USD bulls make a breakout to the upside from a near-term range-block, as seen on the 15-minute. Upside capped for now by the high area seen between 12-13 December.
Ripple's XRP holding chunky gains of over 6% on Monday, thanks to a big boost across the market. XRP bulls forced a move back into the $0.3000 territory, highest level in 4 sessions.
Best brokers to trade crypto
If you’re interested in using virtual coins like Bitcoin, Ethereum, Litecoin or any other out the over 1,500 coins and tokens currently available on the market, you’re going to need a wallet. If you are new to cryptos, this guide is your shortcut to understanding what a cryptocurrency wallet is, how they work and which one suits you best.
27 min Beginners Beginners
Factors to consider when choosing a cryptocurrency exchange The boom of cryptocurrencies resulted in a boom of crypto exchanges. If you search Google for the term, you may drown in offers, and the possibilities seem endless. So how do you find the perfect match? When choosing a crypto-exchange, there are many factors to consider, factors that will help you narrow down the options and find the best one.
16 min Beginners Beginners
Best exchanges to buy/Trade cryptos
The volatility of cryptocurrencies prices
The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple or Litecoin, among others.
To begin trading in this volatile market it is necessary to be well aware of the market prices of cryptocurrencies. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing Altcoins and should be well informed about their graphs and quotes, as well as the latest news related to these digital currencies.