Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review

Ethereum (ETH) defeated Ripple (XRP), and regained its position as the largest altcoin in terms of market capitalization, give data from CoinMarketCap.

During the recent upsurge of the twenty largest cryptocurrencies, Ethereum - who spent many weeks on site number three - suddenly emerged again, exceeding the market capitalization of XRP by over $ 500,000.

This movement seems to be connected with fresh controversies both for XRP and its relationship with the Ripple payment network.

The confusion about whether Ripple can make executive decisions in relation to XRP appeared this week in the mainstream media after the US cryptocurrency exchange - Kraken - publicly asked a senior manager for advice on how to name a cryptocurrency.

Let's now take a look at the ETH/USD technical picture at the H4 time frame. The market has broken above the dashed black trend line and then broken above the level of 146.04 which will now act as local technical support for the price. Currently, the market is consolidating the gains and the next target for bulls is seen at the level of 155.06. The strong and positive momentum supports the short-term bullish outlook.

Exchange Rates 03.01.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Sebastian Seliga,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade