The prices of cryptocurrencies like $XRP
rise and fall unexpectedly... but it’s not by chance.
Here are 3 keys to better understand these movements:
1. Supply and demand
The more a cryptocurrency is in demand, the higher its price rises. The less it is bought, the more it falls.
2. News and current events
A regulation, a partnership announcement, or a scandal can change everything in a few minutes.
3. Market emotions
Fear, doubt, or euphoria greatly influence traders' decisions.
Tips: Don’t react impulsively. Observe, learn, and implement your strategy.
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