⁉ Cryptocurrencies have a rough day following a breathtaking rally. Is the bull market over?
Following a strong BITCOIN rally other “alts” like RIPPLE, DASH or STELLAR saw explosive price gains during the past few days. However, this wild rally has lost steam – at least for now. Without a clear reason, it seems like long-term holders decided to use those higher prices to get out of their positions, causing massive correction. Ripple is tanking 20% today but has managed to defend a pivotal 0.41-0.465 zone so far. Can the bulls regroup from here?
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.