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Market Analysis: The Price of XRP Is Growing Powerfully

May ends today. During this month, the price of bitcoin decreased by more than 5%, the price of Ethereum remained practically unchanged. But the price of the Ripple coin increased by more than 11%. There are several reasons for this: → Ripple has acquired the Swiss company Metaco, which is engaged

BTCUSD Analysis: Tweezer Bottom Pattern above $26,121

Bitcoin price continues its bullish momentum from last week after touching a low of $26,121 on May 25, with strong upsides located in the range of $28,500 and $29,000. On the hourly chart: We can clearly see a tweezer bottom pattern above the $26,121 handle, which

XRPUSD Analysis: White Marubozu Pattern above $0.4462

Ripple price continues its bullish momentum after touching a low of $0.4462 on May 25. Strong upsides are located in the range of $0.5200 and $0.5500. On the hourly chart: We can clearly see a white Marubozu pattern above the $0.4462 handle, which indicates a bullish

BTC/USD Market Analysis: Bitcoin Tower May Be Built in Dubai

Positive news reports for crypto enthusiasts: → This week, the official presentation of the Bitcoin Tower project, which can be built in Dubai, took place. Although a building permit has not yet been received, this is quite realistic, given the loyalty of the UAE authorities to cryptocurrency projects. → Ron DeSantis, known

LTCUSD Analysis: Black Marubozu Pattern below $93.46

Bulls couldn’t take control of the market, and after touching a high of $93.46 on 23 May, the LTC/USD pair started moving in a bearish trend, touching a low of $82.60 today in the early Asian trading session. The short-term outlook for Litecoin has turned mildly

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*At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules respectively. They are not available for trading by Retail clients.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. FXOpen UK: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
FXOpen EU: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.